U.S. Congress - S.887 Climate Change Technology Deployment and Infrastructure Credit Act of 2005
S.887 - Climate Change Technology Deployment and Infrastructure Credit Act of 2005
A bill to amend the Energy Policy Act of 1992 to direct the Secretary of Energy to carry out activities that promote the adoption of technologies that reduce greenhouse gas intensity and to provide credit-based financial assistance and investment protection for projects that employ advanced climate technologies or systems, and for other purposes. view all titles (2)
All Bill Titles
- Short: Climate Change Technology Deployment and Infrastructure Credit Act of 2005 as introduced.
- Official: A bill to amend the Energy Policy Act of 1992 to direct the Secretary of Energy to carry out activities that promote the adoption of technologies that reduce greenhouse gas intensity and to provide credit-based financial assistance and investment protection for projects that employ advanced climate technologies or systems, and for other purposes. as introduced.
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Official Summary
4/21/2005--Introduced.Climate Change Technology Deployment and Infrastructure Credit Act of 2005 - Amends the Energy Policy Act of 1992 to direct the Director of the Office of Science and Technology Policy to develop a national strategy to promote greenhouse gas intensity reducing technoloOfficial Summary
4/21/2005--Introduced.
Climate Change Technology Deployment and Infrastructure Credit Act of 2005 - Amends the Energy Policy Act of 1992 to direct the Director of the Office of Science and Technology Policy to develop a national strategy to promote greenhouse gas intensity reducing technologies and practices developed through research and development programs conducted by National Laboratories, other Federal research facilities, universities, and the private sector.
Directs the Secretary of Energy (Secretary) to establish:
(1) an Interagency Coordinating Committee on Climate Change Technology (Committee) to coordinate Federal climate change activities and programs;
(2) the Climate Change Technology Program; and
(3) Climate Change Technology Working Group.
Directs the Secretary of Commerce to establish within the Department of Commerce the Climate Change Science Program.
Directs the Committee to develop and propose standards and best practices for calculating, monitoring, and analyzing greenhouse gas intensity.
Directs the Secretary to make financial assistance available to eligible project developers and project owners to supplement private sector financing for eligible projects.
Instructs the Secretary to establish a Energy Climate Credit Board to implement the greenhouse gas intensity reducing technology deployment program.
Sets forth parameters regarding Board assistance, determination of eligibility and project selection.
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