Abstract
The paper introduces exergy loss or entropy added as a basis for energy taxing. Exergy loss will be shown to account objectively for all energy input and output in its different forms and qualities: electricity, fuel, feedstock, product and heat of high as well as low temperature.
Analogously to Value Added Tax (VAT), the tax is termed Entropy Added Tax (EAT). The paper lists and discusses advantages and disadvantages of EAT. The main advantage of EAT is the strong incentive for investors to conserve energy in combination with the absence of interference with free market operation. The main disadvantage might be the temptation to governments to use EAT to increase the overall tax burden.
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References
Coase, R.H., The Firm, the Market and the Lav, The University of Chicago Press, Chicago and London, 1985.
Georgescu-Roegen, N., The Entropy Law and the Economic Process, Harvard University Press, Cambridge Mass., 4th pr., 1981.
Kotas, T.J., The Exergy Method of Thermal Plant Analysis, Butterworths, London, 1985.
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© 1993 ECSC, EEC, EAEC, Brussels and Luxembourg, AEA Technology and British Crown Copyright
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Hirs, G. (1993). Exergy Loss: A Basis for Energy Taxing. In: Pilavachi, P.A. (eds) Energy Efficiency in Process Technology. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1454-7_109
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DOI: https://doi.org/10.1007/978-94-011-1454-7_109
Publisher Name: Springer, Dordrecht
Print ISBN: 978-1-85861-019-1
Online ISBN: 978-94-011-1454-7
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