Energy and Economic Impacts of a Proposed Windfall Profits Tax on Producers of Oil and Refined Products in the United States

CRA International http://www.api.org/Newsroom/upload/CRA_WPT_Study_1_30_2009.pdf [From executive summary] IMPACTS ON ENERGY SECTOR Specific impacts of the legislation on domestic energy markets include the following: • A windfall profits tax on the oil and natural gas industry could result in an estimated average decline in domestic crude oil production of approximately 21-26% from baseline levels or between 1.5 … Continue reading »

Roadmap for a Secure, Low-Carbon Energy Economy : Balancing Energy Security and Climate Change

World Resources Institute / Center for Strategic and International Studies / by Sarah Ladislaw, Kathryn Zyla, Jonathan Pershing, Frank Verrastro, Jenna Goodward, David Pumphrey and Britt Staley http://www.csis.org/media/csis/pubs/090204_energy_roadmap.pdf [Recommendations]  This roadmap creates a three-part framework for thinking about the transition to a secure, low-carbon economy. It recommends that the administration and Congress should: 1) Establish … Continue reading »