Tax effects on the economics of asbestos removal

Article Abstract:

Asbestos-containing building materials (ACBM) were widely used prior to 1980 primarily as fire retardants and insulators. However, the hazards they pose to health warrant removal or containment of ACBMs. A study of the after-tax rate of return of the costs entailed by removing ACBMs was conducted for a 200,000-square-foot office building. It showed that taxpayers with passive income or exemption from passive loss rules derive significant tax benefits when removal costs are deducted in the immediate period. Congress should also effect tax rule changes to enhance the benefits of asbestos removal.

Economic aspects, Laws, regulations and rules, Property taxes, Property tax, Asbestos removal

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Conman

Article Abstract:

The UK air conditioning system market increased to over 220 million pounds sterling in 1997, from 204 million pounds sterling in 1996. There is plenty of potential growth in the market, with only 20%-30% of offices and retail buildings having air conditioning in 1998. The residential market is affected by homeowners lack of system understanding and the high price of installation. A split system is the most popular type of air conditioning unit, with over 93,600 units sold in the UK during 1996.

United Kingdom, Statistics, Air conditioning

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Gas probe penetrates the fog

Article Abstract:

Research into methods of detecting gas leaks using infra-red light beams is described. The system from Zellweger Analytics enables chemical industries to detect gas leaks despite the presence of rain, snow, fog or dust.

Research, Gas detectors, Gas leakage, Gas leaks, Gas-detectors

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