Remove 2010 Remove Coal Remove Tax
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Fuel provisions in the Tax Relief bill

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4853 , the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“Middle Class Tax Relief Act of 2010”). The bill extends the Volumetric Ethanol Excise Tax Credit (VEETC) through 2011 at the current rate of $0.45/gallon Refined Coal. Biodiesel and renewable diesel.

Tax 231
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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility. The researchers tested various levels of emission reduction plans—a global carbon tax of $10, $30 or $50. The various taxes would slow warming to 3.5,

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New Zealand LM Energy Applies for Underground Coal Gasification Prospecting Permit

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As part of its long term strategy to secure substantial energy resources in New Zealand L&M Energy Limited (LME) has lodged an application for an underground coal gasification (UCG) prospecting permit over a 2.112 sq km area containing in excess of 2 billion tonnes of Waikato coal measures. Prospecting permit application area.

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Pew survey finds a 10 percentage point shift over past year in public opinion toward expanded production of fossil fuels; 78% favor fuel efficiency standards

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Furthermore, this latest national survey, conducted March 7-11, 2012 among 1,503 adults, finds that support for allowing more offshore oil and gas drilling in US waters, which plummeted during the 2010 Gulf of Mexico oil spill, has recovered to pre-spill levels. In June 2010, only 44% favored more offshore drilling while 52% were opposed.

Fuel 291
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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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Representative costs are reported in constant December 2010 US dollars. The report does not include tax credits and loan guarantees in the estimates of capital and LCOE, with the exception of accelerated depreciation under the US Internal Revenue Service Modified Accelerated Capital Recovery System (MACRS).

EPRI 239
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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

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increase over FY 2010 estimates— to support scientific innovation, develop clean and secure energy technologies, maintain national security, and reduce environmental risk. increase over FY 2010 estimates. increase over FY 2010 estimates. billion in tax subsidies for oil, coal and gas industries. Solar energy.

2011 231
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Mirant and RRI Energy to Merge to Create GenOn Energy; Second-Largest Independent Power Producer in US

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The transaction is structured as an all-stock, tax-free merger. Upon closing, which is expected before the end of 2010, Mirant stockholders will own approximately 54% of the equity of the combined company and RRI Energy stockholders will own approximately 46%. These generating assets use natural gas, oil and coal.

Energy 186