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Resource Documents by U.S. Congressional Budget Office

U.S. Congressional Budget Office
Federal financial support for the development and production of fuels and energy technologies
Highlights Federal Support for Developing and Producing Fuel and Energy Technologies Totaled $24 Billion in 2011 Tax preferences totaled $20.5 billion, or about 85 percent of the total. Funding for the Department of Energy’s (DOE’s) spending programs totaled $3.5 billion, or about 15 percent of the total. Tax Preferences Were Mostly for Renewable Energy and Energy Efficiency in 2011, but Many of Them Have Expired or Will Expire Soon The budgetary costs of tax preferences aimed at encouraging energy efficiency . . . Complete article »

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