CCC COUNCIL ON CZECH COMPETITIVENESS
RADA PRO ČESKOU KONKURENCESCHOPNOST

Energy Efficiency

E-mail Print PDF

This country spends more money on energy for every unit of growth than most other countries in the euro. As a result, money that could be put in the pockets of Czech citizens ends up flowing to oil and gas producing countries. Every effort should be made to make both industrial production, commercial offices, and residential use more efficient.

  • Distribution. The government should investigate whether a smart energy grid could not only reduce wastage in the energy grid, but could reduce commercial and residential energy costs.
  • Industrial Production. The government could consider giving corporate tax deductions to companies that achieve a 5% year-on-year reduction in the per unit use of energy.
  • Commercial Production. The government could give developers who construct or refit buildings to achieve LEED certification a five-year exemption on property tax. The government could also commit to 50% of all public buildings (including those owned by state-owned companies) receiving LEED certification by 2020, and require that any new public building (including those owned by state-owned companies) receive such certification.
  • Residential. The government could make investments into smart technology that regulates the use of energy in the home tax deductible. If the government can find a way to identify materials and products that will conserve energy in a home, those products could be given tax deductibility.
  • Research. The government should direct grants to basic and applied research in the area of alternative energy so that the country can benefit from the shift to new energy technology.
Last Updated ( Friday, 16 October 2009 00:38 )  

Contact Us

info@czechcompete.com
+420 222 329 430

CCC

About CCC

The Council has been established as a forum for debating and advocating improvements in economic policy. The Council is open to contributions from entities and individuals from all parts of society.