A new wiki was launched recently to provide information about tax breaks for different sectors of the energy industry – from coal, oil and gas to wind, solar and biofuels.
The Energy Tax Breaks Wiki is designed to gather the collective knowledge of lawyers, economists and tax professionals to provide a more accurate picture of all energy-related subsidies, according to the Institute for Policy Integrity, (IPI) which developed the site. The wiki already includes tax code sections divided up by sector, such as oil, gas, ethanol, wind, etc.
Over the next few months, the developers will be inviting contributions to the site, which is the main characteristic of a wiki – which is a web site developed collaboratively by a community of users, allowing any user to add and edit content, like Wikipedia. Once they feel they have acquired enough information, IPI intends to compile the data as a way to provide policymakers with a clear overview of energy subsidies with links to specific tax code that they can then use in making policy decisions.
The Institute for Policy Integrity is a non-partisan advocacy organization and think tank dedicated to improving the quality of governmental decision making.