Energy Policy Act of 2005 Credits and Resulting Vehicle Production
Author: Steven J. Carlson.; Kenneth A. Hansen.
Source: Volume 24, Number 02, Winter 2007 , pp.131-146(16)
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Abstract:
As part of the Energy Policy Act of 2005, Congress created alternative motor vehicle tax credits to replace the allowance for depreciation deduction previously available to tax payers. One objective of this tax credit is to increase the production and purchase of motor vehicles that use a significantly reduced quantity of petroleum. There is evidence the Energy Policy Act of 2005 has affected the production decisions of vehicle manufacturers. However, it is too soon to arrive at a conclusion regarding the affect on consumer behavior of the Energy Policy Act of 2005.Keywords:
Affiliations:
1: University of North Dakota; 2: University of North Dakota.