Thursday 30 April 2015

Otmane El Rhazi : Energy resource permanent funds vary by purpose and state

Otmane El Rhazi from Today in Energy.

Taxation of coal, crude oil, and natural gas production presents opportunities for states to collect revenue as nonrenewable resources are produced. Natural resource permanent funds are revenues earned from taxing the extraction of energy resources and are set aside by national, state, and local governments for strategic or long-term use

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