Energy - Fossil Fuels

Fossil Energy Research and Development Program

In the Department of Energy (DOE), the Office of Fossil Energy manages the Fossil Energy Research and Development Program (FER&D), which includes the R&D Programs in Advanced Coal Energy Systems & Carbon Capture Utilization and Storage (CCUS), Natural Gas Technologies and Unconventional Fossil Energy Technologies; as well as funding for the operations, infrastructure and R&D […]

Continue Reading »

Expensing of Exploration and Development Costs, Other Fuels

Established for this category in 1966, the expensing of costs associated with exploration and development refers to the ability of some extractive industries to deduct these costs fully from their taxable income immediately or as they are incurred rather than waiting for those activities to generate income. This is an exception to general tax rules, […]

Continue Reading »