S.887 - Climate Change Technology Deployment and Infrastructure Credit Act of 2005109th Congress (2005-2006)
|Sponsor:||Sen. Hagel, Chuck [R-NE] (Introduced 04/21/2005)|
|Committees:||Senate - Energy and Natural Resources|
|Latest Action:||04/21/2005 Read twice and referred to the Committee on Energy and Natural Resources.|
This bill has the status Introduced
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Subject — Policy Area:
- Environmental Protection
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Summary: S.887 — 109th Congress (2005-2006)All Bill Information (Except Text)
Introduced in Senate (04/21/2005)
Climate Change Technology Deployment and Infrastructure Credit Act of 2005 - Amends the Energy Policy Act of 1992 to direct the Director of the Office of Science and Technology Policy to develop a national strategy to promote greenhouse gas intensity reducing technologies and practices developed through research and development programs conducted by National Laboratories, other Federal research facilities, universities, and the private sector.
Directs the Secretary of Energy (Secretary) to establish: (1) an Interagency Coordinating Committee on Climate Change Technology (Committee) to coordinate Federal climate change activities and programs; (2) the Climate Change Technology Program; and (3) Climate Change Technology Working Group.
Directs the Secretary of Commerce to establish within the Department of Commerce the Climate Change Science Program.
Directs the Committee to develop and propose standards and best practices for calculating, monitoring, and analyzing greenhouse gas intensity.
Directs the Secretary to make financial assistance available to eligible project developers and project owners to supplement private sector financing for eligible projects.
Instructs the Secretary to establish a Energy Climate Credit Board to implement the greenhouse gas intensity reducing technology deployment program.
Sets forth parameters regarding Board assistance, determination of eligibility and project selection.