Subsidies to Energy Industries

Koplow, Doug

doi:10.1016/b0-12-176480-x/00158-3

Cited by 20 publications

(14 citation statements)

References 3 publications

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“…The five largest energy subsidies in order of magnitude per year in the United States (adjusted to $2007) are accelerated depreciation of energy-related capital stock (at $16.6 billion); R&D funding for the DOE ($9.1 billion); assumption of legal risk for nuclear plants ($4.9 billion); maintenance of the strategic petroleum reserve ($3.6 billion); and the general investment tax credit ($3.5 billion). These five subsidies account for a total of half of all government expenditures on energy (Koplow, 1993(Koplow, , 2004Koplow and Dernbach, 2001). Because they spread government benefits unevenly, however, immediate repeal of existing subsidies (potentially including those for mature renewable power systems such as hydroelectric facilities and onshore wind turbines) would bring about three drastic and important changes.…”

Section: Eliminate Conventional Subsidiesmentioning

confidence: 99%

The importance of comprehensiveness in renewable electricity and energy-efficiency policy

Sovacool¹

2009

Energy Policy

165

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Section: Eliminate Conventional Subsidiesmentioning

confidence: 99%

The importance of comprehensiveness in renewable electricity and energy-efficiency policy

Sovacool¹

2009

Energy Policy

165

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“…The former captures the price effects, but does not identify the specific subsidies causing them. The latter tracks the individual subsidies, but does not delineate their pricing impacts (Koplow 2015b). …”

Section: Global Subsidies: Measurement Strategies and Magnitudementioning

confidence: 99%

Energy subsidies: Global estimates, causes of variance, and gaps for the nuclear fuel cycle

Koplow¹

2017

Learning From Fukushima: Nuclear Power in East Asia

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Subsidies to energy cost hundreds of billions of dollars per year, often skewing market decisions in ways detrimental to environmental quality and social welfare. Subsidy reform could provide large fiscal and environmental gains, although remains politically challenging to implement . Growing data collection by international agencies and others has expanded the fuels and countries captured in international subsidy figures. However, important gaps remain regarding credit support, liability subsidies, natural resource leasing, and state-owned enterprises (SoEs) . In addition, data on subsidies to the nuclear fuel cycle remain particularly weak, with no global estimates at all and very few national ones . This is despite uS$4 .4 trillion in projected investments in new nuclear facilities by 2050, much of which will be stateguaranteed, and heavy government involvement with many parts of the nuclear fuel cycle . These hidden subsidies promote the expansion of nuclear facilities, infrastructure, and capabilities throughout the world even when other alternatives could provide the same energy services more quickly, at lower risk, and for less money . LEARNING FRoM FuKuSHIMA 64

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“…We omit comprehensive but relatively old studies (e.g., Cone et al, 1980;Heede et al, 1985) and poorly documented or derivative studies (e.g., Management Information Services, 1993;Domestic Fuels Alliance, 1995;Friends of the Earth et al, 2002, 2003Wahl, 1996;ICTA, 1998). 4 Readers interested in a broader review should see Delucchi and Murphy (2006), Koplow (2004), and especially Koplow and Dernbach (2001).…”

Section: Overview Of the Papermentioning

confidence: 99%

How large are tax subsidies to motor-vehicle users in the US?

Delucchi

Murphy

2008

Transport Policy

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There has been considerable discussion about the extent to which motor-vehicle use in the US is ''subsidized,'' making petroleumbased motor vehicle use more attractive than other transportation modes. Estimates of these subsidies vary widely, and in many cases can be criticized on methodological grounds. In this paper we estimate corporate-income-tax, sales-tax, property-tax, and personal-incometax subsidies related to motor-vehicle use. Whereas previous estimates of sales-tax and corporate-income-tax subsidies have been built piecemeal, tax provision by tax provision, we offer an alternative method, based on the difference between actual tax payments of the motor vehicle industry compared to other industries. We estimate that the total ''tax subsidy'' to motor-vehicle users in the US may be in the range of $19-64 billion (10 9 ) per year, or $0.11-0.37 per gallon ($0.03-0.10 per liter) of motor fuel. However, the amount of the subsidy, and hence the magnitude of its effect, depends greatly on the tax baseline with respect to which the subsidy is estimated. (The property-tax subsidy is particularly uncertain.) We emphasize that without doing a full equilibrium analysis, we cannot say how eliminating these subsidies would affect social welfare. r

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Subsidies to Energy Industries

Cited by 20 publications

References 3 publications

The importance of comprehensiveness in renewable electricity and energy-efficiency policy

The importance of comprehensiveness in renewable electricity and energy-efficiency policy

Energy subsidies: Global estimates, causes of variance, and gaps for the nuclear fuel cycle

How large are tax subsidies to motor-vehicle users in the US?

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