The Energy Tax Act (Pub.L. 95-618, 92 Stat. 3174, enacted November 9, 1978) is a law passed by the U.S. Congress as part of the National Energy Act. The objective of this law was shift from oil and gas supply toward energy conservation; thus, to promote fuel efficiency and renewable energy through taxes and tax credits.
Read more about Energy Tax Act: Tax Credits For Conservation, Gas Guzzler Tax
Famous quotes containing the words energy, tax and/or act:
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—Arthur Miller (b. 1915)
“I come into the peace of wild things
who do not tax their lives with forethought
of grief.”
—Wendell Berry (b. 1934)
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—Jane Grey Swisshelm (1815–1884)