R Street Institute

Real Solutions

On tether to fossil fuels, nations speak with money

Dec 7, 2015
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originally published in New York Times
From New York Times

Eli Lehrer, the co-founder of the R Street Institute, a free-market think tank in Washington, said the oil industry did not need many of the tax breaks it received.

“I doubt that eliminating the intangible drilling cost write-off would reduce oil production at all,” he said.

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