Sustainable Finance - A Blueprint for Severance Taxes in the Marcellus Shale PDF Download
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Author: Ryan Pulver
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Since the implementation of hydraulic fracturing, natural gas extractors have been able to reach deposits of natural gas that were previously thought cost prohibitive or impossible. The Marcellus Shale, which covers much of the Mid-Atlantic region, has become a plentiful source of natural gas because of this hydraulic fracturing implementation. The environmental concerns of hydraulic fracturing have been well publicized in both the media and academia. However, little has been discussed about the pragmatic and ancillary aspects of natural gas extraction in the Marcellus Shale region, namely severance taxes. Severance taxes are excise taxes on the extraction of natural resources. The severance taxes fulfill many roles including general gubernatorial funding, environmental protection funding, and as a general deterrence to the extraction of the natural resource. Despite the broad utility of severance taxes, many states in the Marcellus Shale region have not enacted severance taxes on natural gas. With many of the issues facing states in the Marcellus Shale region such as budgetary difficulties and environmental protection, the Article postures that at least one of these states will enact a severance tax on natural gas in the near future. This Article attempts to provide a survey of severance tax policies from high natural gas producing states that already have natural severance taxes in place. In doing so, this Article emphasizes certain severance tax policies in states with active natural gas extraction as beneficial and practical for states in the Marcellus Shale region that have not yet enacted a severance tax on natural gas. In addition to endorsing certain severance tax policies, this Article also discusses federal constraints on the states' enactment severance taxes.
Author: Ryan Pulver
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Since the implementation of hydraulic fracturing, natural gas extractors have been able to reach deposits of natural gas that were previously thought cost prohibitive or impossible. The Marcellus Shale, which covers much of the Mid-Atlantic region, has become a plentiful source of natural gas because of this hydraulic fracturing implementation. The environmental concerns of hydraulic fracturing have been well publicized in both the media and academia. However, little has been discussed about the pragmatic and ancillary aspects of natural gas extraction in the Marcellus Shale region, namely severance taxes. Severance taxes are excise taxes on the extraction of natural resources. The severance taxes fulfill many roles including general gubernatorial funding, environmental protection funding, and as a general deterrence to the extraction of the natural resource. Despite the broad utility of severance taxes, many states in the Marcellus Shale region have not enacted severance taxes on natural gas. With many of the issues facing states in the Marcellus Shale region such as budgetary difficulties and environmental protection, the Article postures that at least one of these states will enact a severance tax on natural gas in the near future. This Article attempts to provide a survey of severance tax policies from high natural gas producing states that already have natural severance taxes in place. In doing so, this Article emphasizes certain severance tax policies in states with active natural gas extraction as beneficial and practical for states in the Marcellus Shale region that have not yet enacted a severance tax on natural gas. In addition to endorsing certain severance tax policies, this Article also discusses federal constraints on the states' enactment severance taxes.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309116023
Category : Science
Languages : en
Pages : 736
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Book Description
For multi-user PDF licensing, please contact customer service. Energy touches our lives in countless ways and its costs are felt when we fill up at the gas pump, pay our home heating bills, and keep businesses both large and small running. There are long-term costs as well: to the environment, as natural resources are depleted and pollution contributes to global climate change, and to national security and independence, as many of the world's current energy sources are increasingly concentrated in geopolitically unstable regions. The country's challenge is to develop an energy portfolio that addresses these concerns while still providing sufficient, affordable energy reserves for the nation. The United States has enormous resources to put behind solutions to this energy challenge; the dilemma is to identify which solutions are the right ones. Before deciding which energy technologies to develop, and on what timeline, we need to understand them better. America's Energy Future analyzes the potential of a wide range of technologies for generation, distribution, and conservation of energy. This book considers technologies to increase energy efficiency, coal-fired power generation, nuclear power, renewable energy, oil and natural gas, and alternative transportation fuels. It offers a detailed assessment of the associated impacts and projected costs of implementing each technology and categorizes them into three time frames for implementation.
Author:
Publisher:
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Category :
Languages : en
Pages : 0
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Book Description
Author: Peter K. Eisinger
Publisher: Univ of Wisconsin Press
ISBN: 9780299118747
Category : Business & Economics
Languages : en
Pages : 404
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Book Description
The Rise of the Entrepreneurial State charts the development of state and local government initiatives to influence the market and strengthen economic development policies. This trend marked a decisive break from governments' traditionally small role in the affairs of private industry that defined the relationship between the public and private sector for the first half of the twentieth century. The turn to state and local government intervention signaled a change in subnational politics that, in many ways, transcended partisan politics, regional distinctions ,and racial alliances. Eisinger's meticulous research uncovers state and local governments' transition from supply-side to demand-side strategies of market creation. He shows that, instead of relying solely on the supply-side strategies of tax breaks and other incentives to encourage business relocation, some governments promoted innovation and the creation of new business approaches.
Author: Paul Brace
Publisher: JHU Press
ISBN: 9780801849718
Category : Business & Economics
Languages : en
Pages : 182
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Book Description
Beginning in the Reagan administration, shifting federal economic policies have forced states to bear an increasing share of the burden of their economic development. Some states have weathered the transition well; others have not. In State Government and Economic Performance, Paul Brace combines political and economic analysis to examine the changing relationship between state and federal governments, and to identify those factors which have allowed certain states to manage change effectively.
Author: Vikram Rao
Publisher: RTI Press
ISBN: 1934831077
Category : Technology & Engineering
Languages : en
Pages : 184
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Book Description
The Promise and the Peril
Author: Jeremy G. Weber
Publisher:
ISBN:
Category : Energy industries
Languages : en
Pages : 47
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Book Description
Author: California
Publisher:
ISBN:
Category : Fishery law and legislation
Languages : en
Pages : 158
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Book Description
Author: Richard B. Drake
Publisher: University Press of Kentucky
ISBN: 0813137934
Category : History
Languages : en
Pages : 304
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Book Description
Richard Drake has skillfully woven together the various strands of the Appalachian experience into a sweeping whole. Touching upon folk traditions, health care, the environment, higher education, the role of blacks and women, and much more, Drake offers a compelling social history of a unique American region. The Appalachian region, extending from Alabama in the South up to the Allegheny highlands of Pennsylvania, has historically been characterized by its largely rural populations, rich natural resources that have fueled industry in other parts of the country, and the strong and wild, undeveloped land. The rugged geography of the region allowed Native American societies, especially the Cherokee, to flourish. Early white settlers tended to favor a self-sufficient approach to farming, contrary to the land grabbing and plantation building going on elsewhere in the South. The growth of a market economy and competition from other agricultural areas of the country sparked an economic decline of the region's rural population at least as early as 1830. The Civil War and the sometimes hostile legislation of Reconstruction made life even more difficult for rural Appalachians. Recent history of the region is marked by the corporate exploitation of resources. Regional oil, gas, and coal had attracted some industry even before the Civil War, but the postwar years saw an immense expansion of American industry, nearly all of which relied heavily on Appalachian fossil fuels, particularly coal. What was initially a boon to the region eventually brought financial disaster to many mountain people as unsafe working conditions and strip mining ravaged the land and its inhabitants. A History of Appalachia also examines pockets of urbanization in Appalachia. Chemical, textile, and other industries have encouraged the development of urban areas. At the same time, radio, television, and the internet provide residents direct links to cultures from all over the world. The author looks at the process of urbanization as it belies commonly held notions about the region's rural character.
Author: David L. Brown
Publisher: Penn State Press
ISBN: 0271073462
Category : Social Science
Languages : en
Pages : 345
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Book Description
The twentieth century was one of profound transformation in rural America. Demographic shifts and economic restructuring have conspired to alter dramatically the lives of rural people and their communities. Challenges for Rural America in the Twenty-First Century defines these changes and interprets their implications for the future of rural America. The volume follows in the tradition of "decennial volumes" co-edited by presidents of the Rural Sociological Society and published in the Society's Rural Studies Series. Essays have been specially commissioned to examine key aspects of public policy relevant to rural America in the new century. Contributors include:Lionel Beaulieu, Alessandro Bonnano, David Brown, Ralph Brown, Frederick Buttel, Ted Bradshaw, Douglas Constance, Steve Daniels, Lynn England, William Falk, Cornelia Flora, Jan Flora, Glenn Fuguitt, Nina Glasgow, Leland Glenna, Angela Gonzales, Gary Green, Rosalind Harris, Tom Hirschl, Douglas Jackson-Smith, Leif Jensen, Ken Johnson, Richard Krannich, Daniel Lichter, Linda Lobao, Al Luloff, Tom Lyson, Kate MacTavish, David McGranahan, Diane McLaughlin, Philip McMichael, Lois Wright Morton, Domenico Parisi, Peggy Petrzelka, Kenneth Pigg, Rogelio Saenz, Sonya Salamon, Jeff Sharp, Curtis Stofferahn, Louis Swanson, Ann Tickameyer, Leanne Tigges, Cruz Torres, Mildred Warner, Ronald Wimberley, Dreamal Worthen, and Julie Zimmerman.
