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Renewable Energy Incentives in the United States and Spain: Different Paths – Same Destination?

2010; Taylor & Francis; Volume: 28; Issue: 4 Linguagem: Inglês

10.1080/02646811.2010.11435251

2376-4538

Gerard Marata, Olegario Soldevila Ferrer, Jeff W Dorrill, Erin Larkin Watkins,

Energy, Environment, and Transportation Policies

The finite nature of certain commonly used resources coupled with general concerns over the human footprint on the environment have led the world’s governments to encourage the search for new and innovative ways to obtain power. Unfortunately, the renewable energy sector is capital intensive, and government subsidies are generally necessary to make renewable energy sources economically viable. This article offers an overview of the tax incentives generally applicable to renewable energy projects in the United States and Spain, and then outlines key incentives for renewable energy available in the US (federally and in the states of Texas, California and New York) and Spain.