Policy Categories
- Mandate/Target: rule enforced by a governing body
- Example: CAFE Standards, Clean Electricity Standards
- Incentive/Subsidy: money given for reaching a given target
- Example: Cash for Clunkers
- Tax/Penalty: money taken in exchange emissions or pollution
- Consumer Standards: certification for goods or services meeting a
criteria
- Example: Energy Star Rating
Tax Policy Types
- Investment Tax Credit: a tax credit, usually proportional, to the
investment cost of installing a renewable energy or efficiency
system
- Production Tax Credit: a tax credit proportional to the renewable
energy produced by a system
- Tax Credit: a tax credit is directly subtracted from the total tax
owed by an individual or corporation
- Tax Deduction: a tax deduction is subracted from the income eligible
for taxation