Given the task definition and input, reply with output. In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.

SECTION 1. SHORT TITLE.

This Act may be cited as the ''Clean Power Production Act''.

SEC. 2. FINDINGS.

The Congress finds that--
(1) electric power utilities are a source of air pollutant
emissions such as nitrogen oxides (NO<INF>x), sulfur dioxide
(SO<INF>2), and anthropogenic emissions of carbon dioxide
(CO<INF>2), a greenhouse gas;
(2) the electric utility industry is entering a period of
restructuring and deregulation in numerous States, regions, and
Federal administrative bodies;
(3) the opportunities for increased competition offers
potentially significant economic benefits to all classes of
consumers; however there remains a substantial risk of
increased emissions and environmental damages due to changed
operating procedures and market characteristics among electric
utility generators;
(4) studies have raised concerns regarding the likely
impacts of electric utility restructuring on the environment,
in particular, proposed restructuring actions which may be
taken by the Federal Energy Regulatory Commission;
(5) there have been a number of proposals among States for
mitigating the environmental impacts of electric utility
restructuring, but no regional or national mitigating
strategies and policies have been developed or implemented;
(6) it is in the national interest to further examine the
entire range of environmental impacts associated with electric
utility restructuring and to develop additional, more
comprehensive strategies and policy recommendations for
addressing such impacts; and
(7) it is in the national interest for Federal and State
utility regulators, Federal and State environmental
authorities, and all other affected parties, to cooperate in
the formulation of new policies and procedures that will result
in no significant diminution in the quality of the national and
global environment as a consequence of electric utility
restructuring.

SEC. 3. ASSESSMENT OF ENVIRONMENTAL IMPACTS.

(a) In General.--The Administrator of the Environmental Protection
Agency (hereinafter in this Act referred to as the ''Administrator'')
shall undertake an assessment of the reasonable range of environmental
impacts associated with the likely outcomes of electric utility
restructuring within and among regions. The assessment shall consider
significant proposed State and Federal alterations of public utility
regulatory laws and the probable results of these alterations upon
emissions or on the environment, including emissions of air pollutants,
including pollutants for which standards are in effect under section
109 of the Clean Air Act, carbon dioxide and other greenhouse gases,
carbon; and significant land and water impacts.
(b) Consultation.--In performing the assessment under this section
the Administrator shall consult with the Secretary of Energy, the Chair
of the Federal Energy Regulatory Commission, the Chair of the Council
on Environmental Quality, and other Federal and State agency officials
as appropriate.
(c) Report.--The Administrator shall submit a report to Congress
within 6 months after the enactment of this Act containing the results
of the assessment under this section.
(d) Authorization of Appropriations.--There is authorized to be
appropriated to the Administration for the fiscal year 1997 not more
than $1,000,000 to be used to carry out the assessment under this
section.

SEC. 4. COMMISSION.

(a) Establishment.--The Administrator and the Secretary of Energy
shall establish and co-chair a commission to be known as the Commission
for Environmental Mitigation of Electric Utility Restructuring
(hereinafter in this section referred to as ''the Commission''). The
Commission shall include a representative from the Council on
Environmental Quality, the Federal Energy Regulatory Commission, and
the Council of Economic Advisors.
(b) Purpose.--The purpose of the Commission shall be to develop
strategies and policies, using the assessment prepared under section 3,
to mitigate the environmental impacts associated with electric utility
restructuring. The strategies and policies shall--
(1) not reduce the benefits of electric utility
restructuring;
(2) preserve or enhance the quality of competition in the
restructured industry, as well as preserving robust and fair
competition between other fuels and electricity;
(3) give due consideration to the impacts upon companies or
investors in companies that provide service in the existing or
restructured industry;
(4) rely to the maximum extent possible on voluntary
measures, economic incentives, and market based policies;
(5) be flexible and performance-based;
(6) fully mitigate all probable incremental environmental
impacts associated with electric utility restructuring;
(7) be consistent with the intent of existing State and
Federal environmental and siting statutes, policies, and
commitments; and
(8) assist the Nation in meeting its environmental,
economic, employment, and energy policy objectives, including
the efficient use of natural resources.
(c) Report.--Within 12 months after the enactment of this Act, the
Commission shall submit a report to Congress containing the
recommendations for strategies and policies developed under subsection
(b). The report shall include, at a minimum--
(1) recommendations for the alteration of existing Federal
environmental or regulatory statutes;
(2) recommendations concerning rules and procedures for the
operation of power pools, transmission groups, or other
coordinated power systems;
(3) recommendations concerning the need for regional and
interregional mechanisms or institutions; and
(4) options for Federal, regional, or model State policies
to fully or adequately mitigate the adverse environmental
impacts of restructuring.
(d) Authorization of Appropriations.--There is authorized to be
appropriated for the fiscal years 1997 and 1998, $1,000,000 to the
Environmental Protection Agency and $1,000,000 to the Department of
Energy to carry out the duties of the Commission.

SEC. 5. EXISTING AUTHORITIES OF FERC AND STATES.

Nothing in this Act shall be construed to limit or otherwise
adversely affect the authority of the Federal Energy Regulatory
Commission to address the mitigation of adverse environmental impacts
in any rulemaking relating to the restructuring of the electric utility
industry, competition in wholesale energy markets, open transmission
access or any related matter. Nothing in this Act shall be construed to
limit or affect in any way the authority of States to examine or
address electric utility restructuring concerns and related
environmental issues that are within the jurisdiction of State
government authorities.
Clean Power Production Act - Instructs the Administrator of the Environmental Protection Agency to assess and report to the Congress on the reasonable range of environmental impacts associated with electric utility restructuring, including significant proposed State and Federal changes in public utility regulations and the probable results of such changes upon specified air pollutants and the environment.
Directs the Administrator and the Secretary of Energy to: (1) establish and co-chair the Commission for Environmental Mitigation of Electric Utility Restructuring to develop strategies and policies using such assessment to mitigate environmental impacts associated with such restructuring; and (2) report to the Congress on such strategies and policies.
Authorizes appropriations.