S.2940 - Green Energy Production Act of 2008

A bill to promote green energy production, and for other purposes. view all titles (2)

All Bill Titles

  • Official: A bill to promote green energy production, and for other purposes. as introduced.
  • Short: Green Energy Production Act of 2008 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
04/30/08
 
 
 
 
 
 
 

Official Summary

Green Energy Production Act of 2008 - Requires the Secretary of Energy to establish a green technology investment program to develop high-tech green research capabilities, promote green innovation and green energy investment, and increase scientific knowledge that may reveal the basis for n

Official Summary

Green Energy Production Act of 2008 - Requires the Secretary of Energy to establish a green technology investment program to develop high-tech green research capabilities, promote green innovation and green energy investment, and increase scientific knowledge that may reveal the basis for new or enhanced products, equipment, or processes in target areas.Establishes in the Department of Energy the Green Technology Investment Corporation to allocate funds, provide grants, and carry out component programs for all phases of technology commercialization. Requires the Corporation to establish:
(1) a green development loan program for green technology investment;
(2) a green markets grant program;
(3) a green redevelopment, opportunity, and workforce grant program;
(4) a green energy manufacturing loan program;
(5) a green energy community pilot program;
(6) a green energy institution of higher education pilot program;
(7) a National Guard base green energy grant pilot program;
(8) a green energy technology internship program; and
(9) a green energy technology apprenticeship program.Establishes in the Treasury the Green Technology Investment Fund to provide grants, loans, and assistance under this Act. Requires the Secretary of Energy to establish an energy efficiency grant program.Sets forth provisions concerning:
(1) a project's eligibility for grants, loans, and assistance; and
(2) grant priorities.

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