Cultivation facilities will be required to pay a 15 percent excise tax on the wholesale sale of recreational marijuana. Retail purchases of retail marijuana will be subject to state and local sales tax. Retailers will collect sales tax from consumers and remit it to the state.
However, fossil fuels continue to supply nearly 80 percent of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase.
Solar energy is the cleanest, most abundant renewable energy source available. The U.S. has some of the worldâs richest solar resources. Today's technology allows us to harness this resource in several ways, giving the public and commercial entities flexible ways to employ both the light and heat of the sun.