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251 records in US in 2008
United States · United States Congress · 16 July 2008
Oil for Americans Act - Amends the Mineral Leasing Act to repeal authority for the export of Alaskan crude oil. Makes effective the ban on the export of Alaskan crude oil of the Export Administration Act of 1979.
United States · United States Congress · 16 July 2008
Drill Responsibly in Leased Lands Act of 2008 - Amends the Naval Petroleum Reserves Production Act of 1976 to direct the Secretary of the Interior to conduct an oil and gas competitive leasing program in the National Petroleum Reserve, Alaska, that includes at least one lease sale each year during the period 2009 through 2013. Instructs the Secretary of Transportation to: (1) facilitate pipeline construction to transport oil and gas from or through the National Petroleum Reserve in Alaska to existing transportation or processing infrastructure on the North Slope of Alaska; and (2) require certain authorized pipeline operators to certify annually that the pipeline is being fully maintained and operated in an efficient manner. Directs the President to coordinate with oil and natural gas producers on the North Slope of Alaska, and other specified entities, to expedite construction of a natural gas pipeline from Alaska to U.S. markets. Amends the Mineral Leasing Act to repeal provisions authorizing the export of Alaskan North Slope oil. Amends the Export Administration Act of 1979 to reimpose the prohibition against crude oil exports. Prohibits the Secretary of the Interior from authorizing any new lease for exploration or production of oil or natural gas unless the lessee: (1) certifies for each existing lease that the lessee has diligently developed the pertinent federal lands in order to produce oil or natural gas, or is producing oil or natural gas from them; or (2) has relinquished all federal oil and gas leases that are not being diligently developed. Instructs the Secretary to ensure that lessees under leases for exploration, development, and production of oil and natural gas on federal lands make prompt, transparent, and accurate royalty payments.
United States · United States Congress · 16 July 2008
Emergency Solar Power Permit Act - Amends the National Environmental Policy Act of 1969 to exempt any action relating to the development, deployment, or operation of a solar energy project on lands managed by the Bureau of Land Management (BLM) from environmental impact statement (EIS) requirements. Requires each federal agency, for any such action relating to a solar energy project, to cease the preparation of an EIS to the extent that its preparation would delay or otherwise interfere with the action.
United States · United States Congress · 16 July 2008
Requires the Director of National Intelligence to submit to Congress a national intelligence assessment on national security and energy security issues relating to rapidly escalating energy costs, including: (1) the short- and long-term outlook for prices, supply, and demand for key forms of energy such as crude oil, natural gas, and alternative fuels; (2) the plans and intentions of key energy-producing and exporting nations with respect to energy production and supply; and (3) the national security implications.
United States · United States Senate · 15 July 2008
United States · United States Congress · 15 July 2008
Stop Excessive Energy Speculation Act of 2008 - Amends the Commodity Exchange Act to extend its coverage to energy commodities such as petroleum products and natural gas. Prohibits the Commodity Futures Trading Commission (CFTC) from permitting a foreign board of trade to provide its members or other participants subject to CFTC jurisdiction direct access to its electronic trading and order matching system unless it meets specified requirements. Authorizes the CFTC to require recordkeeping by any person either located within the United States or entering trades directly into the trade matching system of a foreign board of trade from the United States. Subjects such persons to liability for violation of CFTC rules and regulations. Directs the CFTC to convene a working group of international regulators to develop uniform international reporting and regulatory standards to ensure protection of energy futures markets from nonlegitimate hedge trading, excessive speculation, manipulation, location shopping, and lowest common denominator regulation, each of which poses systemic risks to all energy futures markets, countries, and consumers. Defines "legitimate hedge trading" as transactions by commercial producers and purchasers of actual physical petroleum and energy commodities for future delivery and the direct counterparties to such trades. Directs the CFTC to review oversight actions regarding all energy futures market participants or market activity in order to ensure that: (1) legitimate hedge trading is protected and promoted; and (2) excessive speculation is eliminated. Requires the CFTC to set maximum speculative position limits on nonlegitimate hedge trading. Instructs the CFTC to convene an advisory group to recommend an appropriate level for position limits designed for traders or entities that are not legitimate hedge traders. Authorizes the CFTC to exercise oversight over any disturbance in a commodity market that disrupts its liquidity and price discovery function from accurately reflecting a commodity's supply and demand ("major market disturbance"). Requires the CFTC to identify each large over-the-counter transaction or class of such transactions in order to detect and prevent potential price manipulation of, or excessive speculation in, any contract listed for trading on a registered entity. Instructs the CFTC to: (1) routinely require detailed reporting from index traders and swap dealers in markets under its jurisdiction; and (2) review the trading practices for index traders in markets under its jurisdiction to ensure that index trading is not adversely impacting the price discovery process. Requires the CFTC to disaggregate and make public monthly: (1) the number of positions and total value of index funds and other passive, long-only positions in energy markets; and (2) data on speculative positions relative to bona fide physical hedgers in energy markets. Directs the CFTC to appoint additional CFTC employees for enforcement purposes. Establishes a Working Group on Energy Markets to: (1) identify the factors that affect the pricing of crude oil and refined petroleum products, including market speculation; and (2) assess the roles, missions, and structures of relevant federal agencies, interagency coordination, and the gaps that need to be filled for federal oversight and regulation of markets critical to energy security. Amends the Department of Energy Organization Act to require each federal agency head to provide information to the Administrator of the Energy Information Administration for identification of each energy-producing company. Establishes within such Administration a Financial Market Analysis Office responsible for financial analysis of energy markets. Directs the Federal Energy Regulatory Commission (FERC) to investigate and report to certain congressional committees on the role of financial institutions in natural gas markets. Directs the Comptroller General of the United States to study and report to certain congressional committees on: (1) the international regime for regulating the trading of energy commodity futures and derivatives; and (2) the effects of noncommercial speculators upon energy futures markets and energy prices.
United States · United States Congress · 15 July 2008
Immediate Steps to Conserve Gasoline Act - Requires federal departments, agencies, and Congress, for FY2009, to develop and carry out initiatives to reduce their annual consumption of gasoline by at least 3%. Requires the Administrator of the Energy Information Administration to study and report to Congress on the potential transportation fuel savings of imposing a national speed limit on highways on the Interstate System of 60 miles per hour. Requires the Comptroller General of the United States to study and report to specified congressional committees on whether additional gasoline reduction measures by federal departments, agencies, and Congress are technically feasible.
United States · United States Congress · 15 July 2008
Transportation and Housing Choices for Gas Price Relief Act of 2008 - Directs the Secretary of Transportation to: (1) carry out a competitive grant program that supports community efforts to invest in transportation alternatives and travel demand management strategies; and (2) award grants to eligible entities, giving priority to activity proposals for reducing single occupancy vehicle trips. Provides certain formula grant funding for specified improvement activities to increase use of public transportation. Requires the Secretary to award grants for a national consumer awareness program on the environmental, energy, and economic benefits of transportation alternatives to the single occupancy vehicle, including carpooling, vanpooling, transit, and bicycles. Amends the Internal Revenue Code to: (1) allow a telework tax credit of up to $400 per year; (2) include a qualified bicycle commuting reimbursement as a qualified transportation fringe benefit, excludable from gross income; (3) equalize and increase to $200, with a modified cost-of-living adjustment, the tax exclusion for both transportation and parking fringe benefits; (4) make self-employed individuals eligible for transit pass fringe benefits; (5) include employer-established parking cash-out programs as qualified transportation fringe benefits; and (6) allow a vanpool (general business) tax credit. Requires the Secretary of Housing and Urban Development (HUD) to: (1) incorporate transportation costs associated with location of housing into affordability standards for allocating low-income housing tax credits related to rental assistance vouchers or other affordable housing programs; and (2) develop a model transportation cost field for Multiple Listing Services to measure transportation costs associated with the location of a home. Amends the Federal National Mortgage Association (Fannie Mae) Charter Act and the Federal Home Loan Mortgage Corporation (Freddie Mac) Act to include the use of location-efficient mortgages among their purposes. Amends the Housing and Community Development Act of 1992 to require the Director of the Federal Housing Finance Agency to establish graduated annual goals for the purchase by Fannie Mae and Freddie Mac of location-efficient mortgages for single-family, owner-occupied homes. Requires the Secretary of HUD to make grants to states to construct or acquire affordable housing that is location-efficient. Amends the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (SAFETEA-LU) to include high schools in the safe routes to school program.
United States · United States Congress · 14 July 2008
Directs the Secretary of Energy to enter into an arrangement with the National Academy of Sciences for a study of what measures the United States can take, including what research needs to be undertaken, in order to achieve energy independence without adversely affecting the environment. Requires a report to Congress on the results of the study.
United States · United States Congress · 10 July 2008
Responsible Federal Oil and Gas Lease Act - Prohibits the Secretary of the Interior from authorizing any new lease for exploration or production of oil or natural gas unless the lessee: (1) certifies for each existing lease that the lessee has diligently developed the lands in order to produce oil or natural gas, or is producing oil or natural gas from such lands; or (2) has relinquished all federal oil and gas leases that are not being diligently developed. Instructs the Secretary to promulgate diligent development regulations that: (1) include benchmarks for oil and gas development to ensure that leaseholders produce oil and gas from each lease within the original term of the lease; and (2) require each leaseholder to submit a diligent development plan showing how the lessee will meet the benchmarks. Establishes a civil penalty for noncompliance with this Act.
United States · United States Congress · 10 July 2008
Supporting America's Volunteer Emergency Services Act of 2008 - Directs the Secretary of Housing and Urban Development to determine the average annual price per gallon for gasoline and diesel fuel for each of the five Petroleum Administration for Defense Districts for 2007. Requires: (1) the average annual price per gallon to be based solely on data reported by the Energy Information Administration; and (2) that price to serve as the baseline fuel cost for each District. Requires the Secretary to reimburse a qualified volunteer fire department for 75% of the difference between: (1) the actual expenditures of the department for gasoline and diesel fuel for a year; and (2) the amount that such expenditures would have been using the baseline fuel costs. Directs each qualified volunteer fire department seeking reimbursement to submit to the Secretary at the end of each year: (1) all of its receipts and bills of sales documenting the amounts of gasoline and diesel fuel purchased during that year; and (2) a sum total of the aggregate number of gallons and the costs of gasoline and diesel fuel purchased.
United States · United States Congress · 10 July 2008
Better Energy Strategy for Tomorrow Act of 2008, or the BEST Act of 2008 - Directs the Secretary of Energy each year to: (1) analyze all federal policies that encourage, or have the potential to encourage, energy production in the United States; and (2) report to specified congressional committees recommendations for the adjustment of such policies to reduce the dependence of the United States on foreign sources of energy, air pollutants in the environment, greenhouse gas emissions, and the cost of energy. Requires the President to develop every four years and report to Congress on an energy security strategy that proposes comprehensive and long-range energy policies to reduce such dependence, air pollutants, emissions, and cost.
United States · United States Congress · 10 July 2008
Authorizes the Chief Administrative Officer (CAO) of the House of Representatives to carry out a series of demonstration projects to promote the use of innovative technologies in reducing energy consumption and promoting energy efficiency and cost savings in the House of Representatives. Authorizes the CAO to enter into contracts with entities that have developed new methods of using energy more efficiently, generating electric power in a more sustainable manner, or improving the efficiency and lowering the costs of existing renewable power systems, consistent with regulations promulgated by the Committee on House Administration for CAO contracts. Requires the CAO, upon completion of each project, to report to the Committees on House Administration and Appropriations, including the CAO's analysis of the extent to which the project reduced energy consumption and promoted energy efficiency and cost savings.
United States · United States Congress · 10 July 2008
Emergency Energy Cut the Red Tape Now Act of 2008 - Declares without force or effect all: (1) federal prohibitions against the leasing of federal lands or federal submerged lands for exploration, development, or production of oil, gas, or oil shale; (2) federal withdrawals of such lands from such leasing; or (3) federal prohibitions against the expenditure of federal funds for such leasing. Authorizes the Secretary of the Interior to waive the application of any federal law that requires a permit to engage in drilling for oil or gas under a lease of federal lands or federal submerged lands during any period in which the most recent spot market price for West Texas Intermediate crude oil at the domestic spot market at Cushing, Oklahoma, is less than $100 per barrel. Requires such a waiver during any period in which the most recent spot price is equal to or greater than $100 per barrel. Requires the Department of Energy to act as the lead agency to coordinate all applicable federal refinery authorizations and related environmental reviews with respect to a designated refinery. Requires each federal and state agency or official required to provide a federal refinery authorization to cooperate with the Secretary of Energy and comply with deadlines the Secretary establishes. Requires the Secretary to establish a schedule for all federal refinery authorizations with respect to a designated refinery. Requires the Secretary to approve an application for a federal refinery authorization within 30 days after any failure of a federal or state administrative agency or official to complete an approval proceeding in accordance with the schedule established by the Secretary.
United States · United States Congress · 10 July 2008
Amends the Energy Policy and Conservation Act to revise requirements for the sale by the Secretary of Energy of products from the Northeast Home Heating Oil Reserve. Authorizes the Secretary to sell from the Reserve if the President finds that: (1) there is a severe energy supply interruption (as under existing law); or (2) the price of home heating oil threatens the health and safety of residents of the Northeast. Requires the Secretary to sell specified percentages of the quantity of products in the Reserve as of November 1 of a fiscal year if the President finds that, on successive monthly winter dates of the same fiscal year, the average retail price of No.2 heating oil in the Northeast is equal to or more than $4.00 per gallon. Requires the Secretary to use: (1) half of any revenue derived from such sales to provide assistance to low-income consumers of heating oil under the Weatherization Assistance Program for Low-Income Persons of the Energy Conservation and Production Act; and (2) half to provide any additional home energy assistance needs of one or more state arising from a natural disaster or other emergency.
United States · United States Congress · 10 July 2008
Supporting America's Volunteer Emergency Services Act of 2008 - Directs the Federal Emergency Management Agency (FEMA) to determine the average annual price per gallon for gasoline and diesel fuel for each of the five Petroleum Administration for Defense Districts for 2007. Requires: (1) the average annual price per gallon to be based solely on data reported by the Energy Information Administration; and (2) that price to serve as the baseline fuel cost for each District. Requires FEMA to reimburse a qualified volunteer fire department for 75% of the difference between: (1) the actual expenditures of the department for gasoline and diesel fuel for a year; and (2) the amount that such expenditures would have been using the baseline fuel costs. Directs each qualified volunteer fire department seeking reimbursement to submit to the FEMA at the end of each year: (1) all of its receipts and bills of sales documenting the amounts of gasoline and diesel fuel purchased during that year; and (2) a sum total of the aggregate number of gallons and the costs of gasoline and diesel fuel purchased.
United States · United States Congress · 9 July 2008
Energy Conservation Opportunity Fund Act of 2008 or the ECO Fund Act of 2008 - Establishes in the Treasury an Alternative Energy Sources State Revolving Fund. Directs the Secretary of Housing and Urban Development to use amounts in the Fund to provide loans to states and Indian tribes to provide incentives to owners of single family and multifamily housing, commercial properties, and public buildings to provide: (1) renewable energy sources, such as wind, wave, solar, biomass, or geothermal energy, for such structures; (2) energy efficiency and energy conserving improvements and features for such structures; or (3) infrastructure related to the delivery of electricity and hot water for structures lacking such amenities.
United States · United States Congress · 8 July 2008
21st Century Energy Technology Deployment Act - Directs the Secretary of Energy, after consultation with the Energy Technology Advisory Council of the 21st Century Energy Deployment Corporation (both established by this Act), to develop and publish near-, medium-, and long-term goals for the deployment of clean energy technologies through the Corporation to establish or promote specified energy generation, transmission, and use and energy technology manufacturing capacities. Requires the Advisory Council to publish 5- and 10-year performance targets and to establish initial targets until those are published. Allows the Corporation to purchase, and make commitments to purchase, debt instruments associated with the deployment of clean energy technologies. Describes lending authorities of the Corporation. Allows the Corporation to issue securities for purchase by the Secretary of the Treasury. Requires annual reports to Congress on the technologies supported and on Corporation performance. Requires the Secretary to oversee Corporation operations and finances. Allows the Corporation to prepare a strategic plan to issue common stock to enable expansion of its operations and requires the plan to include consideration of Board restructuring alternatives.
United States · United States Congress · 8 July 2008
Amends the Internal Revenue Code to allow: (1) an 10% energy tax credit for the installation of a qualified green roof; and (2) a residential energy efficient tax credit for 30% of qualified green roof property expenditures up to $2,000. Defines a "qualified green roof" as any green roof which is at least 40% vegetated. Defines "green roof" as any roof which consists of vegetation and soil, or a growing medium, planted over a waterproofing membrane and its associated components.
United States · United States Congress · 8 July 2008
Small Business Energy Emergency Relief Act of 2008 - Amends the Small Business Act to authorize the Small Business Administration to make disaster loans to assist small businesses that have suffered or are likely to suffer substantial economic injury as the result of a significant increase in the price of heating fuel occurring on or after October 1, 2007. Prohibits such loan from being made if the total amount outstanding and committed to the borrower would exceed $1.5 million, unless the borrower is a major source of employment in its surrounding area. Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to make loans to farm operations that qualify as a small business and that have or are likely to suffer substantial economic injury on or after October 1, 2007, as the result of a significant increase in energy costs in connection with an energy emergency declared by the President or the Secretary.
United States · United States Congress · 8 July 2008
Grow American Supply Act - Amends the Submerged Lands Act (SLA) regarding the delineation of lateral offshore state boundaries with respect to the Outer Continental Shelf Lands Act (OCSLA) and related oil and gas mineral rights. Amends OCSLA with respect to Adjacent Zones and Planning Areas in the outer Continental Shelf (OCS) subsoil and seabed. Revises procedures governing natural gas lease administration. Requires deposit of a portion of OCS receipts from certain new leases into a Special Dedicated Account in the Social Security Trust Fund to reduce Social Security debt. Establishes the Deficit Reduction Trust Fund to accept specified OCS receipts to reduce the federal debt. Prohibits oil and gas leasing east of the Military Mission Line. Cites conditions for granting a federal permit to construct a crude oil or petroleum products pipeline without adjacent state concurrence within the part of the adjacent state's Adjacent Zone that is withdrawn from oil and gas or natural gas leasing. Exempts lease suspensions and preliminary activities on OCS tracts from the requirement to prepare statutory environmental assessments or impact statements. Prohibits construction or operation of any facility, or designation or maintainance of a restricted transportation corridor or operating area, on the federal OCS or in state waters that will be incompatible with oil and gas or natural gas leasing and substantially full exploration and production of tracts that are geologically prospective for oil or natural gas. Requires the Secretary of the Interior to repurchase and cancel specified leases. Amends the Mineral Leasing Act to revise regulations governing onshore surface-disturbing activities. Rigs to Reefs Act of 2008 - Amends OCSLA to prescribe requirements for the use of decommissioned offshore oil and gas platforms for artificial reefs. Instructs the Secretary to establish: (1) OCS regional headquarters for the Atlantic and the Pacific OCS region; and (2) Federal OCS Joint Regional Permitting Offices. Amends the Energy Policy Act of 2005 to set royalty rates for leases for oil shale and tar sands. Repeals the Gulf of Mexico Energy Security Act of 2006. Amends the Energy Policy Act of 2005 to require regulations that promote: (1) production of natural gas from gas hydrates; and (2) enhanced oil and natural gas production through carbon dioxide injection. Sets forth: (1) minimum rental rates for future oil, gas, and coal federal leases; and (2) onshore oil and gas royalties.
United States · United States Congress · 8 July 2008
Oil Price Reduction Act of 2008 - Prohibits U.S. bilateral assistance and arms exports (not including humanitarian assistance) to any country that is a major net oil exporter, including any country that is a member of the Organization of Petroleum Exporting Countries (OPEC), if such country is engaged in oil price fixing to the detriment of the U.S. economy. Amends the Internal Revenue Code to allow taxpayers who drive a highway vehicle fueled by gasoline or diesel fuel a $1,000 tax credit in 2008.
United States · United States Congress · 8 July 2008
Energy Efficient and Environmentally Friendly Automobile Tax Credit Act of 2008 - Amends the Internal Revenue Code to allow individual and business taxpayers: (1) a tax credit for up to $2,000 of the cost of replacing a passenger automobile with another passenger automobile that is at least 20% more fuel efficient; and (2) tax deductions for state and local taxes and loan interest for the replacement automobile.
United States · United States Congress · 7 July 2008
10 Million-Solar Roofs Act of 2008 - Requires the Secretary of Energy to establish a program to provide rebates (for each watt of installed capacity) to eligible individuals or entities for the purchase and installation of photovoltaic systems, over a 10-year period, of at least an additional 10 million solar systems in the United States with a cumulative capacity of at least 30,000 megawatts. Provides eligibility requirements for homeowners, businesses, nonprofit entities, and state and local governments. Sets minimum Energy Star or equivalent ratings that must be achieved by the buildings for which the photovoltaic system is installed. Limits the total amount of a rebate to 50 percent of the purchase and installation cost of the system.
United States · United States Congress · 7 July 2008
Amends Atomic Energy Act of 1954 to prohibit the Nuclear Regulatory Commission (NRC) from issuing a license authorizing the importation into the United States of: (1) low-level radioactive waste; or (2) specific radioactive waste streams exempted from regulation under the Low-Level Radioactive Waste Policy Act. Exempts from such prohibition low-level radioactive waste: (1) that is being returned to a U.S. government or military facility authorized to possess it; or (2) resulting from the use in a foreign country of nuclear material obtained by the foreign user from an entity in the United States that is being returned to the United States for management and disposal. Authorizes the President to waive the prohibition and authorize the grant of a specific license only after finding that such importation would meet an important national or international policy goal.
United States · United States Congress · 27 June 2008
Small Business Energy Emergency Relief Act of 2008 - Amends the Small Business Act to authorize the Small Business Administration to make disaster loans to assist small businesses that have suffered or are likely to suffer substantial economic injury as the result of a significant increase in the price of heating fuel occurring on or after October 1, 2007. Prohibits such loan from being made if the total amount outstanding and committed to the borrower would exceed $1.5 million, unless the borrower is a major source of employment in its surrounding area. Amends the Consolidated Farm and Rural Development Act to authorize the Secretary of Agriculture to make loans to farm operations that qualify as a small business and that have or are likely to suffer substantial economic injury on or after October 1, 2007, as the result of a significant increase in energy costs in connection with an energy emergency declared by the President or the Secretary.
United States · United States Congress · 27 June 2008
Energy Transition Act of 2008 - Amends the Outer Continental Shelf Lands Act to modify requirements governing publication and uses of projected state lines on the Outer Continental Shelf (OCS). Authorizes a state governor to petition the Secretary of Energy to make available for oil and gas leasing any moratorium area within the offshore administrative boundaries beyond the submerged land of a state that is located greater than 50 miles from the state coastline (new producing areas). Amends the Alaska National Interest Lands Conservation Act (ANILCA) to repeal the prohibition against producing oil and gas from the Arctic National Wildlife Refuge (ANWR). Sets forth an oil and gas leasing program for the Alaskan Coastal Plain, including the Refuge. Authorizes the Secretary of the Interior, acting through the Director of the Bureau of Land Management, to: (1) designate specified acreage of the Coastal Plain as special areas; (2) exclude from leasing or surface occupancy any such special area; and (3) permit the use of horizontal drilling technology into such areas from the outside. Requires the state of Alaska to establish the Coastal Plain Local Government Impact Aid Assistance Fund. Prohibits exportation of oil or gas produced from leases granted under this Act. Allocates revenues among the Energy Independence Fund (established by this Act), the state of Alaska, and the Secretary of the Treasury. Requires the Administrator of the Environmental Protection Agency (EPA), upon request, to enter into a permitting agreement with a state or Indian tribe under a streamlined approval process for refinery construction and operation. Amends the Clean Air Act with respect to renewable biomass. Amends the Energy Independence and Security Act of 2007 to repeal EPA authority to waive specified prohibitions against certain fuels or fuel additives. Clean-Coal-Derived Fuels for Energy Security Act of 2008 - Directs the President to promulgate regulations to ensure that aviation fuel, motor vehicle fuel, home heating oil, and boiler fuel sold or introduced into commerce in the United States contains the applicable volume of clean coal-derived fuel. Exempts small refineries from compliance with such regulations until 2018, unless the President extends such exemption if compliance would impose a disproportionate economic hardship. Amends the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 to repeal the prohibition against final regulations for the commercial leasing program for oil shale resources on public land. Instructs the Secretary of the Interior to require the Director of the U.S. Geological Survey to increase activities relating to the Energy Resources Program and other resource assessment activities related to domestic oil and natural gas reserves. Establishes the Energy Independence Fund. Instructs the Secretary of Energy to develop and report to Congress a strategic and comprehensive plan to eliminate all foreign imports of oil from countries outside of North America by 2028.
United States · United States Congress · 26 June 2008
Carbon Reduction Technology Bridge Act of 2008 - Amends the Internal Revenue Code to allow: (1) seven-year amortization of mechanical or electronic systems that are installed on a coal-fired electric generation unit after 2007 and that reduce carbon dioxide emissions; (2) a tax credit for the production of electricity using closed-loop biomass co-fired with coal; (3) a tax credit for investment in qualified clean coal electric generation units; (4) a tax credit for investment in carbon dioxide capture, transport, and storage property which is part of a qualified coal-fired electric generation unit; and (5) a tax credit for investment in clean energy coal bonds.
United States · United States Congress · 26 June 2008
Gas Price Reduction Act of 2008 - Amends the Outer Continental Shelf Lands Act (OCSLA) to prescribe procedures for petition, by the governor of a state with a new producing area within the offshore administrative boundaries beyond the state's submerged land, to make the new producing area available for oil and gas leasing. Directs the Secretary of the Treasury to deposit specified percentages of outer Continental Shelf revenues into: (1) the general fund of the Treasury; and (2) into a special account in the Treasury for disbursal to both new producing states and to the Land and Water Conservation Fund. Amends the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008, to repeal the prohibition against funding: (1) regulations regarding a commercial leasing program for oil shale resources on public lands; or (2) an oil shale lease sale. Instructs the Secretary of Energy to: (1) expand and accelerate research and development efforts for advanced batteries; and (2) implement a direct loan program for up to 30% of the costs of advanced battery production. Expresses the sense of the Senate that the federal government should implement policies to increase federal purchases of plug-in electric drive vehicles. Directs the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the Securities and Exchange Commission (SEC), and the Chairman of the Commodity Futures Trading Commission (CFTC) to study jointly and report to Congress on the international regime for regulating trading in energy commodity futures and derivatives. Amends the Commodity Exchange Act to prohibit the CFTC from permitting a foreign board of trade to provide to participants subject to CFTC jurisdiction direct access to electronic trading and order matching unless specified requirements are met. Directs the CFTC to: (1) promulgate rules for routine reporting requirements for index traders and swap dealers in energy and agricultural transactions; and (2) disaggregate and make public monthly information on the positions and value of index funds and other passive, long-only positions in the energy and agricultural futures markets. Instructs the CFTC to report to certain congressional committees on: (1) the scope of commodity index trading in the futures markets; (2) whether classification of index traders and swap dealers in the futures markets can be improved for regulatory and reporting purposes; and (3) whether index trading activity is adversely impacting the price discovery process in the futures markets and whether different practices and controls should be required. Instructs the CFTC to hire additional employees.
United States · United States Congress · 26 June 2008
Strengthening Management of Advanced Recycling Technologies Act of 2008 or the SMART Act of 2008 - Requires the Secretary of Energy to offer to enter into cooperative agreements with specified persons, municipalities, or electric utilities to: (1) develop licensing documentation and technical criteria for new recycling plants; (2) conduct specified design and engineering work on recycling technology designs; and (3) share the cost of obtaining construction and operating licenses for specified used fuel recycling facilities. Requires assistance for such agreements to be awarded only to private entities that propose to develop recycling facilities that meet specified prerequisites. Requires the Secretary to offer to enter into long-term contracts with specified persons, municipalities, or electric utilities to recycle commercial used nuclear fuel. Requires the Secretary to: (1) offer to enter into temporary agreements to store high-level radioactive waste produced by specified facilities; (2) make payments to specified local governments that have submitted notices that they are willing to have a privately owned and operated temporary used fuel storage facility located within their jurisdiction; (3) offer to enter into temporary used fuel storage facility economic impact agreements with local governments upon the docketing of license applications for such facilities by the Nuclear Regulatory Commission (NRC); and (4) offer to enter into a long-term contract for the storage of used fuel from civilian nuclear power plants with a private entity that owns or operates an independent used fuel storage facility licensed by the NRC within the jurisdiction of local governments that receive assistance. Authorizes the Secretary to settle specified claims against the Secretary for failure to dispose of high-level radioactive waste or used nuclear fuel by January 31, 1998. Requires the Secretary to: (1) provide priority for the acceptance of used nuclear fuel from a facility that has been decommissioned and shut down permanently; and (2) provide for the transportation of used fuel. Amends the Nuclear Waste Policy Act of 1982 to set a fee for electricity generated by a civilian nuclear power reactor and sold by a specified date. Changes the name of the Nuclear Waste Fund to the Nuclear Waste Revolving Fund and authorizes the Secretary to make expenditures from it for the management of used nuclear fuel. Declares that for purposes of NRC license determinations under the Atomic Energy Act of 1954 and this Act, the Secretary's obligation to develop a repository in accordance with the Nuclear Waste Policy Act of 1982 provides sufficient and independent grounds for any further NRC findings of reasonable assurances that used nuclear fuel and high-level radioactive waste would be disposed of safely and in a timely manner.
United States · United States Congress · 26 June 2008
Energy Markets Emergency Act of 2008 - Directs the Commodity Futures Trading Commission (CFTC) to utilize all its authority, including its emergency powers, to: (1) curb immediately the role of excessive speculation in any contract market within its jurisdiction and control on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations or unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.
United States · United States Congress · 26 June 2008
Alternative Energy Advancement Act - Establishes in the Treasury a Trust Fund for deposit of all amounts received by the United States as bonus bids, rents, royalties under leases for exploration, development, and production of oil and gas awarded after enactment of this Act for any area of federal lands or of federal submerged lands of the outer Continental Shelf that, on the enactment of this Act, are withdrawn from such leasing or for which the expenditure of federal funds for such leasing is prohibited.
United States · United States Congress · 26 June 2008
Developing Resources Immediately and Long-Term through Leases on Our Nation's Offshore Waters Act of 2008, or DRILL NOW Act of 2008 - Declares without force or effect all existing federal law which prohibits spending appropriated funds to conduct oil and natural gas leasing and preleasing on the outer Continental Shelf. Revokes: (1) all withdrawals from leasing on federal submerged lands of the outer Continental Shelf (including withdrawals by the President); and (2) Presidential authorities with respect to such leasing (except in the interest of national security). Amends of the Outer Continental Shelf Lands Act to authorize a state governor to petition the Secretary of the Interior to issue leases for oil and natural gas exploration and extraction activities in any area that is at least 50 miles beyond the state's coastal zone. Cites circumstances under which the Secretary shall approve or deny the petition. Instructs the Secretary of the Treasury to deposit revenues from leasing operations into designated funds and accounts. Provides that any funds that would be received by the United States as royalties under any existing federal oil and gas lease on the outer Continental Shelf that lies within 50 miles of the coastal zone of the states of Texas, Louisiana, Mississippi, or Alabama shall be paid to that state if it enacts an expenditure plan for those funds.
United States · United States Congress · 26 June 2008
Amends the Internal Revenue Code to extend through 2018 the tax credit for producing electricity from wind facilities.
United States · United States Congress · 26 June 2008
Americans for American Energy Act of 2008 - Deep Ocean Energy Resources Act of 2008 - Amends the Submerged Lands Act (SLA) regarding delineation of offshore state boundaries with respect to the Outer Continental Shelf Lands Act (OCSLA), as well as related oil and gas mineral rights. Amends the Outer Continental Shelf Lands Act to allow the Secretary of the Interior (Secretary) to grant outer Continental Shelf (OCS) natural gas leases. Revises provisions concerning oil and gas leases and withdrawals of unleased land. Provides for federal agency coordination with adjacent states on the construction of pipelines for OCS crude oil, petroleum, or natural gas. Establishes the Federal Energy Natural Resources Enhancement Program. Declares existing federal prohibitions against spending appropriated funds for leasing and preleasing OCS oil and natural gas to be without force or effect. Prohibits a federal agency from permitting on the federal OCS or in state waters certain activities that are incompatible with: (1) oil or natural gas leasing; and (2) full exploration and production of tracts geologically prospective for oil or natural gas. Renames the Minerals Management Service as the National Ocean Resources and Royalty Service. Rigs to Reefs Act of 2008 - Requires the Secretary to issue regulations regarding the authorization to use decommissioned offshore oil and gas facilities for artificial reef and scientific research. Amends the Energy Policy Act of 2005 to repeal a requirement regarding conducting comprehensive inventories of OCS oil and natural gas resources. Directs the Secretary to establish OCS regional headquarters in designated locations. Repeals the Gulf of Mexico Energy Security Act of 2006. Removes application fees for the Bureau of Land Management's (BLM) drill permits. Amends the Internal Revenue Code to set forth provisions concerning: (1) credits and deductions for alternative and nonconventional fuel, the capture of carbon dioxide, energy efficiency and conservation, and renewable energy; (2) extensions of elections to expense certain refineries; and (3) exemptions for electric transmission facilities. American Energy Independence and Price Reduction Act - Requires the Secretary to establish a competitive oil and gas leasing program that will result in an environmentally sound program for the exploration, development, and production of Alaska's Coastal Plain's oil and gas resources. Amends the Alaska National Interest Lands Conservation Act of 1980 to terminate the prohibition against leasing or other development leading to production of oil and gas from the Arctic National Wildlife Refuge. Oil Shale Opportunity Act of 2008 - Amends the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 to repeal the limitation on the use of funds for implementing a commercial leasing program for oil shale resources on public lands. Amends the Mineral Leasing Act to provide for the treatment of revenues received through an oil shale or tar sands lease. Amends the Energy Independence and Security Act of 2007 to repeal restrictions on federal agencies procuring alternative or synthetic fuel for mobility-related uses. Coal Liquid Fuel Act - Sets forth provisions concerning: (1) agreements between the Secretary of Energy and qualifying coal-to-liquid projects; and (2) public auctions of coal-to-liquid fuel put option contracts. Amends the Nuclear Waste Policy Act of 1982 to revise provisions concerning the recycling and disposal of spent nuclear fuel or high-level radioactive waste. Establishes the American Energy Trust Fund. Requires the Secretary to implement a program to lease federal lands for the development and operation of commercial photovoltaic and concentration solar power energy systems. Provides for: (1) the coordination of the authorization of federal crude oil refineries; and (2) the designation of closed military bases for the construction of refineries and the designation of brownfield sites for refinery sites. Amends the Energy Policy Act of 2005 to repeal certain requirements regarding refinery revitalization. Amends the Clean Air Act to require new source review regulations to provide that routine maintenance and repair do not constitute a modification of an existing source. Strengthening Americas Science and Technology Education Act - Requires the Secretary to appoint a Stakeholder Committee for Science and Technology Education. Establishes the National Science and Technology Education Center. Sets forth provisions concerning educational programs for technology and nuclear science.
United States · United States Congress · 26 June 2008
Apollo Energy Independence Act of 2008 - Amends the Internal Revenue Code to provide tax incentives for energy conservation and production, including provisions to: (1) make permanent the tax credit for producing electricity from renewable resources and to include marine and hydrokinetic renewable energy as a resource for purposes of such credit; (2) make permanent the energy tax credit for solar energy, fuel cell, and microturbine property; (3) allow a new energy tax credit for combined heat and power system property; (4) provide for the issuance of new clean renewable energy bonds; (5) increase the tax credit for advanced nuclear power production; (6) make permanent the tax credits for residential energy efficient property, energy efficiency existing homes, the production of energy efficient household appliances, and the tax deduction for energy efficient commercial buildings; (7) allow tax credits for new alternative motor vehicles, including qualified plug-in electric drive motor vehicles, vehicles that achieve a fuel economy standard of 100 miles per gallon, and advanced technology motor vehicles; (8) allow tax credits for the production of cellulosic biofuel and for hydrogen infrastructure costs; (9) increase and make permanent the tax credit for alternative fuel vehicle refueling property expenditures; and (10) allow employers a tax credit for providing transit passes to employees. Amends the Energy Policy Act of 2005 to provide full loan guarantees for the construction of advanced nuclear energy facilities. Establishes in the Treasury the Petroleum Reduction Trust Fund. Allocates 90% of civil penalties for automobile fuel economy violations to such Fund for retail purchases of ethanol, biodiesel, and other alternative fuels. Directs the Secretary of Energy to: (1) carry out research programs for onboard storage of hydrogen in light-duty motor vehicles and for the development of plug-in electric drive vehicle technology; and (2) study daily and seasonal energy costs in public schools. Amends the Harmonized Tariff Schedule of the United States to extend the tariff duty on ethanol until December 31, 2010. Directs the Administrator of the Environmental Protection Agency (EPA) to establish a grant program for green school construction and improvement. Sets forth revenue offset provisions, including: (1) a moratorium on earmarks in the 110th Congress; (2) establishment of fees for oil and gas leases in the Gulf of Mexico and user fees for certain food safety and inspection services; (3) a reduction in payments under the Department of Agriculture commodity program; (4) consolidation of Department of Defense exchange stores system; and (5) a limitation of universal service fund support.
United States · United States Congress · 26 June 2008
Veterans Education Improvement Act of 2008 - Amends the Montgomery GI Bill educational assistance program for veterans to: (1) increase the rates of basic educational assistance and the time limit for entitlement to and use of such assistance; (2) provide a stipend for individuals using such assistance to pursue a program of education at an institution of higher learning; (3) extend the period for the collection of a fee for the use of such assistance; (4) authorize the use of such assistance for business courses and seminars, courses taken to prepare for licensing or certification tests, and the repayment of federal student loans; (5) allow for withdrawal of the election not to enroll in the program; (6) state that such assistance shall not reduce eligibility for other financial aid; (7) extend the increase in benefits for certain individuals pursuing apprenticeships or on-job training; (8) modify the amount for reimbursement of state and local agencies administering veterans' education benefits; (9) provide educational assistance for veterans discharged under a general discharge; (10) increase the reporting fee payable to educational institutions that enroll veterans receiving assistance; (11) provide additional areas of work-study for veterans; (12) require a five-year pilot program for on-campus work-study positions; (13) increase the number of employees in the Education Service of the Department of Veterans Affairs (VA); (14) require an action plan for upgrading VA information technology used in the administration of educational benefits; (15) modify the advance payment of initial educational assistance or subsistence allowance; (16) modify the period of eligibility for educational assistance applicable to spouses of individuals with service-connected disabilities considered permanent; (17) increase the amount of educational assistance for reserve personnel supporting contingency and other operations; and (18) expand the programs of education eligible for the accelerated payment of educational assistance. Revises federal employment provisions with respect to: (1) a voucher plan for Federal Employees Health Benefits Plan (FEHBP) participants; (2) the basis for government contributions for annuitants under the FEHBP; (3) the computation of benefits under the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS); and (4) the elimination of the annuity supplement under FERS and related retirement systems. National Environment and Energy Development Act - Declares without force or effect all federal prohibitions against the expenditure of appropriated funds to conduct natural gas leasing and preleasing activities for any area of the Outer Continental Shelf (OCS). Revokes all withdrawals of federal submerged lands from leasing for natural gas exploration and production. Amends the Outer Continental Shelf Lands Act to prohibit the Secretary of the Interior from: (1) granting a natural gas lease for any OCS located within 25 miles of a state coastline; (2) issuing any lease for natural gas exploration or development in any OCS area within 50 miles of a state coastline unless the state has enacted a law approving such lease; or (3) issuing a lease for natural gas exploration or development in any OCS area more than 50 and less than 100 miles from the coastline of a state if the state has enacted a law disapproving such lease issuance. Authorizes the Secretary to issue leases for development and production of natural gas and associated condensate. American Energy Independence and Price Reduction Act - Directs the Secretary of the Interior to implement a competitive leasing program for the exploration, development, and production of the oil and gas resources on the Coastal Plain of Alaska. Amends the Alaska National Interest Lands Conservation Act of 1980 to repeal the prohibition against leasing or other development leading to production of oil and gas from the Arctic National Wildlife Refuge (ANWR). Deems any oil and gas leasing programs and activities authorized by this Act to be in compliance with ANWR purposes. Authorizes the Secretary, after certain consultation, to designate up to 45,000 acres of the Coastal Plain as a Special Area. Permits directional drilling in the Special Area. Prescribes procedures governing Coastal Plain lease sales, including: (1) environmental protection; (2) federal and state distribution of revenues; (3) rights-of-way; and (4) local government impact aid and community service assistance. Sets forth: (1) a "no significant adverse effect" standard to govern Coastal Plain activities; and (2) guidelines for expedited judicial review of complaints. Establishes the ANWR Alternative Energy Trust Fund.
United States · United States Congress · 26 June 2008
Federal Exploration and Production Reform Act of 2008 - Amends the Outer Continental Shelf Lands Act to revise requirements for review and approval of outer Continental Shelf (OCS) plans for geological and geophysical exploration on any area under an oil and gas lease. Repeals the requirement that approval be denied if: (1) any proposed activity under the plan would result in serious harm or damage to life (including fish and other aquatic life), to property, to any mineral, to the national security or defense, or to the marine, coastal, or human environment; and (2) such proposed activity cannot be modified to avoid such harm or damage. Repeals the authority of the Secretary of the Interior to cancel the lease or permit if the plan is disapproved. Revises requirements for review and approval of OCS oil and gas development and production plans. Requires the Secretary to seek and accept the assistance of the Department of Defense in the review of any plan prepared for a lease containing military operating stipulations or other restrictions. Repeals the requirement that the Secretary require modification of a plan without adequate provision for safe operations on the lease area or for protection of the human, marine, or coastal environment. Amends the Mineral Leasing Act to revise requirements for regulation of surface-disturbing activities, including preparation of exploration and development and production plans. Eliminates the requirement of an adequate bond, surety, or other financial arrangement before commencement of surface-disturbing activities on any lease to ensure reclamation of the lease tract, and restoration of any lands or surface waters adversely affected by lease operations after abandonment or cessation of oil and gas operations on the lease. Repeals the prohibition against issuance of a lease, or approval of its assignment, if reclamation requirements and other related standards have not been complied with.
United States · United States Congress · 26 June 2008
Energy Independence Act - American Energy Independence and Price Reduction Act - Sets forth an oil and gas leasing program for lands within the Coastal Plain of Alaska. Establishes the Coastal Plain Local Government Impact Aid Assistance Fund, to provide financial assistance to entities directly impacted by oil and gas exploration and development, and the ANWR Alternative Energy Trust Fund. Deep Ocean Energy Resources Act of 2008 - Amends the Outer Continental Shelf Lands Act (OCSLA) regarding: (1) Adjacent Zones and Planning Areas in the outer Continental Shelf (OCS) subsoil and seabed; (2) oil and gas lease administration; and (3) lease grants. Federal Energy Natural Resources Enhancement Act of 2008- Establishes the Federal Energy Natural Resources Enhancement Program. Redesignates the Minerals Management Service as the National Ocean Resources and Royalty Service. Rigs to Reefs Act of 2008- Amends the OCSLA to prescribe requirements for the use of decommissioned offshore oil and gas platforms for artificial reefs. Prescribes conditions for authorizing leases for areas located within 100 miles of California or Florida. Repeals the coastal impact assistance program under OCSLA. Amends the Energy Policy Act of 2005 to modify terms and conditions governing: (1) federal authority to enter into contracts with sponsors of certain advanced nuclear facilities; and (2) the Nuclear Power 2010 Program. Establishes the Interagency Working Group to promote increasing domestic manufacturing capacity and export of domestic nuclear energy products and services. Amends the Internal Revenue Code to establish: (1) a nuclear power manufacturing and facility construction credit; (2) a qualifying coal-to-liquid fuels project credit; (4) an election to expense certain coal-to-liquid fuels facilities; and (5) an extension of the alternative fuel credit for fuel derived from coal through the Fischer-Tropsch process or the Schobert process. Amends the Energy Policy Act of 2005 to direct the Secretary of Labor to promulgate regulations for a workforce training program for workers skilled in the nuclear utility and nuclear energy products and services. Amends the Atomic Energy Act to modify licensing procedures for new nuclear power plants. Instructs the Secretary of Energy to establish a National Nuclear Energy Council. Prescribes procedures for: (1) such Secretary to initiate and implement temporary nuclear fuel storage agreements; and (2) expedited congressional review of temporary spent nuclear fuel storage agreements. Amends the Nuclear Waste Policy Act of 1982 to revise contracting procedures for certain civilian nuclear power reactors.
United States · United States Congress · 26 June 2008
Comprehensive Energy Exploration, Price Reduction, and Renewable Energy Investment Act of 2008 - Amends the Outer Continental Shelf Lands Act to permit projected lines of states adjacent to the subsoil and seabed of the outer Continental Shelf to be used for oil and gas preleasing and leasing activities. Authorizes the governor of a state with a new producing area within the offshore administrative boundaries beyond the submerged land of the state to petition the Secretary of Energy to make new producing areas available for oil and gas leasing. Sets forth a lease sales program for oil and gas development within the Coastal Plain of the Arctic National Wildlife Refuge. Prescribes environmental protection procedures for the Coastal Plain. Requires Alaska to establish in is state treasury the "Coastal Plain Local Government Impact Aid Assistance Fund," to assist designated Alaska entities impacted by the oil and gas exploration and production. Prohibits exportation of oil or gas produced under this Act. Prescribes a refinery permitting process. Suspends petroleum acquisition for the Strategic Petroleum Reserve (SPR). Establishes in the Treasury the Renewable Energy Transition Trust Fund. Amends the Clean Air Act to include renewable biomass within its purview. Sets forth an advanced battery manufacturing incentive program. Instructs the Assistant Administrator of the Office of Research and Development of the Environmental Protection Agency to implement a research and development program for adding materials to biofuels to make them more compatible with infrastructure used to store and deliver petroleum-based fuels. Instructs the Secretary of Energy to study and report to Congress on: (1) the feasibility of increasing consumption in the United States of ethanol-blended gasoline with specified levels of ethanol; and (2) specified diesel vehicle attributes. Clean Coal-Derived Fuels for Energy Security Act of 2008 - Directs the President to promulgate regulations to ensure that covered fuel introduced into commerce in the United States on an annual average basis contains a specified volume and percentage of clean coal-derived fuel. Amends the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008 to repeal the prohibition against final regulations for commercial oil shale leasing program on public land. Amends the Energy Independence and Security Act of 2007 to repeal the prohibition against federal agency contracts for procurement of alternative or synthetic fuel. Authorizes the Department of Defense to enter into multiyear contracts to purchase synthetic fuels. Prohibits sales of defense articles and services to the Kingdom of Saudi Arabia unless the Kingdom increases its oil production to at least 10 million barrels per day, and maintains that level. Amends the Internal Revenue Code to extend and modify certain renewable energy production tax credits. Directs the President to establish an Apollo 21 Energy Independence Program. Instructs the Federal Trade Commission, the Board of Governors of the Federal Reserve System, and the Energy Information Agency to study and report jointly to Congress on the effects of speculation in the futures markets (including foreign futures markets) for natural gas, crude oil, and gasoline on cash market and retail prices for the commodities. Requires the Commodity Futures Trading Commission (CFTC) to issue a notice of proposed rulemaking regarding comparability of foreign regulation of futures and derivatives trading.
United States · United States Congress · 26 June 2008
Renewable Energy Jobs and Security Act - Amends the Federal Power Act to direct the Federal Energy Regulatory Commission (FERC) to propose rules establishing standards for the physical connection between specified types of renewable energy facilities and transmission facilities of transmitting utilities subject to FERC jurisdiction. Requires such standards to: (1) include separate expedited procedures for interconnecting 10-kilowatt maximum renewable energy facilities and for expediting interconnection for 2000-kilowatt maximum facilities; and (2) address safety, reliability, performance, cost, and network upgrades. Allows FERC to consider a clustering approach that allows concurrent interconnection of facilities where requests are placed within succeeding six-month periods. Amends the the Public Utility Regulatory Policies Act of 1978 to require each electric utility to: (1) adopt standards for interconnection with renewable energy facilities as are necessary to ensure that renewable energy facilities are given priority interconnection and priority access to available capacity on the utility's transmission and distribution system over non-renewable energy facilities; and (2) permit any renewable energy facility to apply to the state regulatory authority for an order requiring the interconnection of such facility with the system of the utility. Requires the Secretary of Energy to transmit to Congress and to the Commission a report that spatially maps national renewable energy resources and conducts cost assessments for renewable energy facility development with respect to all available technologies. Requires FERC to prescribe rules to encourage the purchase of electric energy by public utilities from renewable energy facilities on a priority basis, under a standard contract, and at rates established on a uniform national basis by FERC. Provides procedures for the setting and adjusting of such rates and for application of net metering. Requires reports concerning interconnection of renewable energy facilities by utilities to the Energy Information Administration and by the Secretary to Congress and the public. Requires FERC to design a regional cost redistribution mechanism consisting of a system benefits charge payable by every end-use consumer of an electric utility to the utility, to be transferred to a national renewable energy corporation for reimbursement of the costs associated with this Act's interconnection and power purchase requirements.
United States · United States Congress · 26 June 2008
Energy Markets Emergency Act of 2008 - Directs the Commodity Futures Trading Commission (CFTC) to utilize all its authority, including its emergency powers, to: (1) curb immediately the role of excessive speculation in any contract market within its jurisdiction and control on or through which energy futures or swaps are traded; and (2) eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations or unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities.
United States · United States Congress · 26 June 2008
Warm in Winter and Cool in Summer Act - Makes appropriations for FY2008 for payments under the Low-Income Home Energy Assistance Act of 1981 (LIHEAP Program).
United States · United States Senate · 25 June 2008
United States · United States Senate · 25 June 2008
United States · United States Congress · 25 June 2008
Commodity Futures Restoration Act - Amends the Commodity Exchange Act to remove "energy commodity" from the category of exempt commodities (thus bringing "energy commodity" within the purview of the Act and extending the jurisdiction of the Commodity Futures Trading Commission (CFTC) to derivatives and swaps involving energy commodities). Declares that a board of trade, exchange, or market shall not be considered to be foreign or located outside the United States if: (1) it has an affiliate located in the United States; or (2) a contract of sale of a commodity, or a significant price discovery contract, is executed or traded on such board of trade, exchange, or market.
United States · United States House of Representatives · 24 June 2008
United States · United States House of Representatives · 24 June 2008
United States · United States Congress · 24 June 2008
Warm in Winter and Cool in Summer Act - Makes appropriations for FY2008 for payments under the Low-Income Home Energy Assistance Act of 1981 (LIHEAP Program).
United States · United States Congress · 24 June 2008
Prevent Unfair Manipulation of Prices Act of 2008 - Amends the Commodity Exchange Act (CEA) to extend the regulatory authority of the Commodity Futures Trading Commission (CFTC) to certain transactions in derivatives involving specified energy commodities ("included energy transactions"), including those on foreign boards of trade. Defines "included energy transaction" as a contract, agreement, or transaction in an energy commodity for future delivery that: (1) provides for a delivery point in the United States; or (2) is transacted on a computer terminal located in the United States. Prohibits the CFTC from exempting from regulation any "included energy transaction" unless certain notice to Congress and public comment requirements are met. Declares null and void any CFTC "no-action letter" exemptions from CEA requirements for "included energy transactions." Requires the CFTC to establish uniform limits on the aggregate number of positions with respect to "included energy transactions" which may be held by any person for the prompt month, for each month, and for all months in all markets subject to CFTC jurisdiction. Excludes swaps involving "included energy transactions" from any CEA exemption for bona fide hedging transactions. Defines "bilateral included energy transaction" as an included energy transaction executed or traded other than on or through a trading facility. Exempts such transactions from the requirement that transactions be made on or through a designated contract market. Applies to "bilateral included energy transactions" certain reporting and recordkeeping requirements. Instructs the CFTC to publish monthly on its website: (1) the aggregate number and value of long and short positions held by a person in any portfolio constructed to match or track the components of an index of all commodities; and (2) the portion of the positions that are net long positions in "included energy transactions." Amends the Natural Gas Act and the Federal Power Act to set forth enforcement powers of the Federal Energy Regulatory Commission (FERC), including cease-and-desist proceedings, temporary orders, and general implementation authority.