Using Biofuel Tax Credits To Achieve Energy And Environmental Policy Goals

"In fiscal year 2009, the biofuel tax credits reduced federal excise tax collections by about $6 billion below what they would have been if the credits had not been in effect. This CBO study assesses the credits' contributions to achieving energy and environmental goals in the light of those forgone revenues; it does not consider any impact on farm incomes or the agriculural sector more broadly. The analysis focuses specifically on the differential effects of the various credits in achieving two objectives: displacing the use of petroleum fuel and reducing greenhouse gas emissions."--Taken from summary.

The fed. gov¿t. supports the use of biofuels -- transportation fuels produced from renewable plant matter, such as corn -- in the pursuit of energy, environ., and agr. policy goals. Tax credits (TC) encourage the prod¿n. and sale of biofuels in the U.S., lowering the costs of producing biofuels, such as ethanol or biodiesel, relative to the costs of producing their substitutes -- gasoline and diesel fuel. Fed. mandates require the use of specified minimum amounts and types of biofuel. This study assesses the incentives provided by the TC for producing different types of biofuels and analyzes whether they favor one type of biofuel over others. Estimates the cost to consumers of reducing the use of petroleum fuels and emissions of greenhouse gases through those TC. Illus.

This timely book provides a critical examination of the ways in which tax expenditures can be best used in order to enhance their efficacy as instruments for the implementation of environmental policy.

Recent partisan squabbles over science in the news are indicative of a larger tendency for scientific research and practice to get entangled in major ideological divisions in the public arena. This politicization of science is deepened by the key role government funding plays in scientific research and development, the market leading position of U.S.-based science and technology firms, and controversial U.S. exports (such as genetically modified foods or hormone-injected livestock). This groundbreaking, one-volume, A-to-Z reference features 120-150 entries that explore the nexus of politics and science, both in the United States and in U.S. interactions with other nations. The essays, each by experts in their fields, examine: Health, environmental, and social/cultural issues relating to science and politics Concerns relating to government regulation and its impact on the practice of science Key historical and contemporary events that have shaped our contemporary view of how science and politics intersect Science and Politics: An A to Z Guide to Issues and Controversies is a must-have resource for researchers and students who seek to deepen their understanding of the connection between science and politics.

In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.

This book presents the evolution of biodiesel technologies along with government policies of major biodiesel producing countries with their backgrounds, impacts, changes, and other energy forms. Biodiesel feedstock and biodiesel production technologies including green algae and methanol are presented as separate topics. Changes in the feedstock types and the corresponding technologies are presented, and their impacts on the biodiesel policies are explained. The life cycle analysis (LCA) in research and policy design of biodiesel is discussed and the findings are given for different feedstocks in terms of greenhouse gases, energy, and other impact categories.

This book analyzes the energy security of the United States – its ability to obtain reliable, affordable, and sufficient supplies of energy while meeting the goals of achieving environmental sustainability and protecting national security. The economic and national security of the United States is largely dependent upon fossil fuels, especially oil. Without significant changes to current practices and patterns of energy production and use, the domestic and global impacts – security, economic, and environmental – are expected to become worse over the coming decades. Growing US and global energy demands need to be met and the anticipated impacts of climate change must be avoided – all at an affordable price, while avoiding conflict with other nations that have similar goals. Bernell and Simon examine the current and prospective landscape of American energy policy, from tax incentives and mandates at the federal and state level to promote wind and solar power, to support for fracking in the oil and natural gas industries, to foreign policies designed to ensure that markets and cooperative agreements — not armies, navies and rival governments — control the supply and price of energy resources. They look at the variety of energy related challenges facing the United States and argue that public policies designed to enhance energy security have at the same time produced greater insecurity in terms of fostering rising (and potentially unmet) energy needs, national security threats, economic vulnerability, and environmental dangers.