PDF Publication Title:
Text from PDF Page: 017
4.0 Cost to the U.S. Treasury An important question in the examination of the geothermal PTC is how much the incentive will cost the U.S. Treasury. The answer to this question depends on both the project-level costs and on the number of projects that are initiated as a result of the PTC. The project-level costs of the PTC have been evaluated in this report; however, no quantitative attempt has been made to estimate the macroeconomic impact. Still, some observations can be made about the potential cost to the U.S. Treasury even in the absence of a complete macroeconomic assessment. From the perspective of the U.S. Treasury, it is likely that the net cost of the PTC would be insignificant or perhaps even negative, because, as Jenkins et al. (1998) have shown, the tax loads associated with constructing and owning geothermal projects are often higher than the load for competing fossil fuel plants under current tax code. In fact, a recent analysis of geothermal federal royalties and income taxes found that federal taxation on geothermal power is about three to four times that of electricity produced from a new natural-gas combined-cycle power plant (Entingh 1998). These studies indicate that if new federal incentives are enacted which encourage the increased geothermal development as an important complement to traditional energy resources, and if the total government cost of the new incentives is less than the difference between the tax loads of the geothermal and conventional generation technologies, then the government will actually increase its revenue through the enactment of such policies. Although additional research is needed, these initial analyses indicate that the Treasury exposure due to a geothermal PTC may be very limited. 10PDF Image | An Economic Valuation of a Geothermal Production Tax Credit
PDF Search Title:
An Economic Valuation of a Geothermal Production Tax CreditOriginal File Name Searched:
31969.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com (Standard Web Page)