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.
The worldâs most used renewable power sources. Renewable energy sources are projected to account for more than one quarter of global electricity production by 2020. Power-technology.com profiles the top five renewable energy sources based on global installed power generation capacities as of 2013.