Energy Tax Provisions in the \Emergency Economic Stabilization Act of 2008\ October 1, 2008
IndyPublished: 10 Oct, 2008
1 min read
Renewables ($9.8b)
- Productiontax credit
- Business& residential investment credits (solar, fuel cells, etc.)
- Biodieseland renewable diesel
- CleanRenewable Energy Bonds
Vehicles ($1b)
- Plug-invehicle credit
- Auxiliarypower units
- Alternativerefueling stations
Conservation/Efficiency ($3.5b)
- Efficientbuildings
- Smartmeters
- Efficientappliances
- ConservationBonds
Carbon Mitigation/Fuels ($2.6b)
- Cleancoal investment credits
- BlackLung restructuring
- CO2sequestration credit
- Refineryexpensing
__________________________________________________
Offsets:
- FreezeSection 199 for all oil and gas activity ($4.9b)
- FUTAsurtax extension ($1.5b)
- FOGEI/FORI ($2.2b)
- BasisReporting ($6.7b)
- OilSpill Liability Trust Fund ($1.7b)
You Might Also Like
NEW POLL: California Governor’s Race Sees “None of the Above” Beat the Entire Democratic Field
A new statewide poll conducted by the Independent Voter Project finds California’s independent voters overwhelmingly support the state’s nonpartisan primary system and express broad dissatisfaction with the direction of state politics....
12 Jan, 2026
-
4 min read
This California Disposable Vape Ban Could Devastate The Legal Cannabis Industry Even Further
Good intentions often make for compelling policy. But in practice, consequences rarely fall in line as neatly as the ideas that inspired them....
12 Jan, 2026
-
6 min read
Missouri Republicans Admit They Skewed Ballot Language to Protect a Rigged Map
Missouri state officials have pulled out all the stops to prevent a veto referendum from getting on the ballot that would overturn a mid-cycle gerrymander. This includes writing a ballot summary that makes it sound like the veto referendum is trying to protect gerrymandering in the state....
13 Jan, 2026
-
4 min read