Eight Steps to Energy Sufficiency Act of 2008

Bill: 110-s-3523
Sponsor: Sen. Enzi, Michael B. [R-WY]
Introduced: 2008-09-18 in the Senate
Policy area: Energy
Subjects: Administrative procedure
Air pollution control
Alaska
Alcohol as fuel
Alternative energy sources
Animals
Appropriations
Armed Forces and National Security
Bonds
Carbon cycle
Carbon dioxide
Cellulose
Civil actions and liability
Coal
Congress
Congressional reporting requirements
Continental shelf
Defense procurement
Department of the Interior
Depreciation and amortization
Easements
Economics and Public Finance
Electric appliances
Electric batteries
Electric power production
Electric power transmission
Electric vehicles
Energy conservation
Energy efficiency
Energy facilities
Energy research
Environmental Protection
Environmental Protection Agency
Environmental assessment
Environmental law enforcement
Export controls
Fees
Finance and Financial Sector
Foreign Trade and International Finance
Fuel cells
Gas in submerged lands
Government Operations and Politics
Government publicity
Government trust funds
Home repair and improvement
Housing and Community Development
Hydrogen
Impact aid
Income tax
Investment tax credit
Judicial review
Law
Licenses
Marine and coastal resources, fisheries
Methane
Minimum tax
Nevada
Nuclear power plants
Oil and gas leases
Oil shales
Oil well drilling
Petroleum in submerged lands
Petroleum refineries
Petroleum reserves
Public Lands and Natural Resources
Radioactive wastes
Railroad engineering
Research and development
Revenue sharing
Right-of-way
Science, Technology, Communications
Service stations
Solar energy
Tax credits
Tax deductions
Taxation
Transportation and Public Works
Waste disposal sites
Wildlife refuges

Summary:
action_date: 2008-09-18
text: 
Eight Steps to Energy Sufficiency Act of 2008 - Instructs the Secretary of Energy to: (1) take designated actions to promote advanced batteries research and development for (plug-in) electric drive vehicles, including a direct loan program for domestic production.
 

 
Amends the Outer Continental Shelf Lands Act (OCSLA) to prescribe procedures for oil and natural gas preleasing and leasing activities in certain new producing areas of the Outer Continental Shelf (OCS).
 
Amends the Department of the Interior, Environment, and Related Agencies Appropriations Act, 2008, to repeal the prohibition against final regulations for a commercial leasing program for oil shale resources on public land.
 
Requires the Administrator of the Environmental Protection Agency (EPA) to: (1) enter into a streamlined refinery permitting process (upon request of a state governor or Indian tribe); and (2) report to certain congressional committees regarding additional federal incentives to increase production of cellulosic ethanol.
 
Instructs the Secretary of the Interior to report to Congress regarding actions to limit litigation under the National Environmental Policy Act of 1969.
 
Amends the Internal Revenue Code to: (1) allow a tax credit for hydrogen installation, infrastructure, and fuel costs; and (2) extend and modify tax credits for renewable energy production, solar energy and fuel cell investment, residential energy efficient property, renewable energy bonds, energy efficient new and existing homes, and energy efficient appliances produced after 2007.
 
Extends and modifies the tax deduction for energy efficient commercial buildings.
 
Amends the Energy Policy Act of 2005 to declare certain large-scale coal-to-liquid facilities eligible for the federal loan guarantee program.
 
Directs the Secretary of Energy to establish a loan program for coal-to-liquid facilities.
 
Amends the Energy Policy and Conservation Act to permit the Secretary of Energy to construct storage facilities near pipeline infrastructure and a military base and store coal-to-liquid products in the Strategic Petroleum Reserve (SPR).
 
Authorizes specified funds for the Air Force Research Laboratory to continue support efforts to test and procure coal-derived synthetic fuels for aviation jet use.
 

 

 
Amends the Internal Revenue Code to allow specified tax incentives for coal-to-liquid production.
 

 

 
Energy Security and Climate Enhancement Through Clean Coal Technology Act of 2008 - Amends the Internal Revenue Code to prescribe specified clean coal technology incentives, including: (1) an investment credit for carbon dioxide capture, transport, and storage equipment; and (2) a credit for carbon dioxide sequestration in the generation of electricity.
 
Provides for the issuance of clean energy coal bonds.

Withdraws specified lands from certain leasing, mining and materials sales laws, and places them under the jurisdiction of the Secretary of Energy for nuclear waste access to Yucca Mountain.
 
Amends the Nuclear Waste Policy Act of 1982 to prescribe infrastructure activities related to a facility licensed by the Nuclear Regulatory Commission (NRC) at the Yucca Mountain site.
 

 

 

 
Amends the Internal Revenue Code to establish: (1) a nuclear power facility construction credit; and (2) a five-year accelerated depreciation for new nuclear power facilities.
 
Prescribes a leasing program for oil and gas exploration, development and production within the Coastal Plain of Alaska (known as the 1002 Coastal Plain Area).
 
Establishes the Coastal Plain Local Government Impact Aid Assistance Fund.
 
Prohibits exportation of oil or gas produced under this Act.
 



Legislative actions:
action_date: 2008-09-18
text: Read twice and referred to the Committee on Finance.
action_date: 2008-09-18
text: Sponsor introductory remarks on measure. (CR S9034)
action_date: 2008-09-18
text: Introduced in Senate