Provisions in the tax law that promote energy conservation and more use of alternative (non-fossil) fuels can be justified by:

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Provisions in tax law that promote energy conservation and alternative fuel use can be justified by economic and social considerations. Increased energy conservation and alternative fuel use can help to reduce dependence on fossil fuels, which often come from foreign countries and can be subject to price volatility. Additionally, reducing energy consumption can have positive environmental impacts by reducing greenhouse gas emissions and other forms of pollution. These benefits can result in cost savings for consumers and businesses, improve public health, and create new job opportunities in the development and deployment of alternative energy technologies. These economic and social benefits justify government intervention through tax incentives and other policy measures to promote energy conservation and the use of alternative fuels.

Provisions in the Tax Law That Promote Energy Conservation and More