21st Century Energy Technology Deployment Act

Bill: 110-hr-7018
Sponsor: Rep. Inslee, Jay [D-WA-1]
Introduced: 2008-09-23 in the House
Policy area: Energy
Subjects: Alternative energy sources
Carbon cycle
Climate change and greenhouse gases
Commerce
Commercialization
Electric power production
Electric power transmission
Energy conservation
Energy consumption
Energy efficiency
Environmental Protection
Environmental technology
Federal advisory bodies
Fuel consumption
Geothermal resources
Government Operations and Politics
Government corporations
Manufacturing industries
Motor vehicles
Raw materials
Science, Technology, Communications
Solar energy
Technological innovations
Transportation and Public Works
Waste reduction
Wind power

Summary:
action_date: 2008-09-23
text: 
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.


Legislative actions:
action_date: 2008-09-23
text: Referred to the Subcommittee on Energy and Air Quality.
action_date: 2008-09-23
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2008-09-23
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2008-09-23
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2008-09-23
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on Financial Services, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2008-09-23
text: Introduced in House
action_date: 2008-09-23
text: Introduced in House