INTRODUCTION ..................................................................................... 123 I. BACKGROUND DISCUSSION OF COMMUNITY SOLAR AND DISTRIBUTED GENERATION ....................................................... 125 A. Introduction to Solar Energy Concepts, Tax Credits, and Costs ................................................................................... 127 B. What is...

The cost-effectiveness of unilateral emission abatement can be seriously hampered by emission leakage. We assess three widely-discussed proposals for leakage reduction targeted at energyintensive and trade-exposed industries: border tax adjustments, output-based allocation and industry exemptions. We find that none of these measures amounts to a “magic bullet” when both efficiency and equity cr...

American nonprofit organizations receive favorable tax treatment, including tax exemptions and tax-deductibility of contributions, in return for their devotion to charitable purposes and restrictions not to distribute profits. Recent efforts to extend some or all of these tax benefits to for-profit companies making social investments, including the creation of the new hybrid nonprofit/for-profi...

I analyze how competition between localities affects tax breaks and business location decisions. Using data on firm-specific property tax exemptions, I begin by documenting that spatial competition substantially increases local tax breaks. To do so, I exploit variation in the number of counties near a town, which is correlated with competition but uncorrelated with other observable town charact...

The present paper applies a theoretical two-sector three-factor model to analyze a variety of energy tax reforms with the common feature of at least partly exempting the energy-intensive export sector from the tax. As a result, all scenarios with exemptions reduce energy less than the non-discriminating textbook version of the energy tax. Moreover, in the two scenarios that exemplify typical at...