[t]he economic rationale for interventions in energy markets helps inform the debate surrounding energy tax policy. This report begins by providing background on the economic rationale for energy market interventions, highlighting various market failures. After identifying possible market failures in the production and consumption of energy, possible interventions are discussed.
Thursday, November 15, 2012
Congressional Research Service Report Released: Energy Tax Policy: Issues in the 112th Congress
The Congressional Research Service (CRS), the public policy research arm of Congress, just issued the report Energy Tax Policy: Issues in the 112th Congress (Sept. 24, 2012). The 31 page report authored by Molly F. Sherlock and Margot L. Crandall-Hollick examines
It should be noted that the “Appendix of this report provides a brief summary of energy tax policies enacted in the 108th,109th, and 110th Congresses.”