International Clean Energy Deployment and Global Energy Markets Investment Act of 2005

Bill: 109-s-745
Sponsor: Sen. Byrd, Robert C. [D-WV]
Introduced: 2005-04-11 in the Senate
Policy area: International Affairs
Subjects: Air pollution control
Alternative energy sources
Carbon cycle
Carbon dioxide
Climate change and greenhouse gases
Commerce
Congress
Congress and foreign policy
Congressional reporting requirements
Data banks
Department of Energy
Developing countries
Economic assistance
Economic growth
Economics and Public Finance
Education
Electronic government information
Energy
Energy conservation
Energy consumption
Energy efficiency
Energy research
Energy supplies
Environmental Protection
Environmental monitoring
Environmental technology
Executive reorganization
Export finance
Federal advisory bodies
Federally-guaranteed loans
Finance and Financial Sector
Fluorocarbons
Foreign Trade and International Finance
Foreign exchange
Foreign trade promotion
Fossil fuels
Geology
Government Operations and Politics
Government lending
Government publicity
Higher education
International competitiveness
Internet
Investment guaranty insurance
Laboratories
Marketing
Methane
Motor vehicle pollution control
Nitrogen oxides
Nuclear energy
Poverty
President and foreign policy
Public Lands and Natural Resources
Research and development facilities
Science, Technology, Communications
Sulphur
Technological innovations
Technology assessment
Technology transfer
Transportation and Public Works
Waste reduction
Water pollution control

Summary:
action_date: 2005-04-11
text: 
International Clean Energy Deployment and Global Energy Markets Investment Act of 2005 - Amends the Global Environmental Protection Assistance Act of 1989 to promote clean energy technology deployment in developing countries. 
 
Directs the President to establish a Task Force on International Clean Energy Cooperation. Requires the Task Force to establish an Interagency Working Group on Clean Energy Technology Exports. 
 
Establishes an Interagency Center in the Office of International Energy Market Development of the Department of Energy to assist the Working Group.
 
Requires the Task Force to develop and submit to the President (who shall submit to Congress) a Strategy to: (1) support programs and policies in developing countries that promote clean energy and energy efficiency technologies; (2) open and expand clean energy technology markets and facilitate related exports to developing countries; (3) integrate the promotion of clean energy technology deployment and greenhouse gas emissions reduction in developing countries into U.S. foreign policy objectives; (4) establish a pilot program that provides financial assistance for qualifying projects; and (5) develop financial mechanisms and instruments that are cost-effective and facilitate private capital investment in such technologies.
 
Authorizes the Secretary of State to provide assistance to developing countries for activities consistent with the priorities established in the Strategy.
 
Requires the Secretary to establish a pilot program that provides financial assistance for qualifying projects consistent with the Strategy and the performance criteria set forth in this Act. Requires host country contributions.


Legislative actions:
action_date: 2005-04-11
text: Read twice and referred to the Committee on Foreign Relations. (text of measure as introduced: CR S3417-3420)
action_date: 2005-04-11
text: Sponsor introductory remarks on measure. (CR S3416-3417)
action_date: 2005-04-11
text: Introduced in Senate