TY  - JOUR
AU  - Carlson,Curtis
AU  - Metcalf,Gilbert E.
TI  - Energy Tax Incentives and the Alternative Minimum Tax
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 14110
PY  - 2008
Y2  - June 2008
UR  - http://www.nber.org/papers/w14110
L1  - http://www.nber.org/papers/w14110.pdf
N1  - Author contact info:
Curtis Carlson
Office of Tax Analysis
U.S. Treasury Department
1500 Pennsylvania Ave., N.W.
Washington, DC 20220
Tel: 202-622-0130
Fax: Tax Policy Analyst
E-Mail: curtis.carlson@treasury.gov

Gilbert E. Metcalf
Room 3221
Department of the Treasury
Washington, DC 20220
1500 Pennsylvania Ave., NW
Tel: 202-622-0173
E-Mail: gilbert.metcalf@tufts.edu
AB  - We take a first look at limitations on the use of energy-related tax credits contained in the General Business Credit (GBC) due to limitations within the regular corporate income tax as well as the AMT.  Between 2000 and 2005, firms were unable to use all energy-related tax credits due to GBC limitations in the regular tax.  The AMT has a smaller but still pronounced impact on the ability of firms to use these credits.  Finally, we provide some illustrative calculations to demonstrate how the AMT can lead to very different levelized costs of producing electricity from a wind power project.
ER  -