TITLE

U.S. Passes Massive Energy Bill

PUB. DATE
September 2005
SOURCE
Engineering & Mining Journal (00958948);Sep2005, Vol. 206 Issue 7, p24
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that after five years in the making, U.S. President George W. Bush has finally signed the Energy Policy Act of 2005 into law during August 2005. The bill has an estimated cost of $12.3 billion over 10 years. Approximately $6.1 billion were authorized for coal-related projects. An additional $2.9 billion were directed at coal projects in the tax portion of the bill. The Energy Bill covers energy efficiency and all fuel sources. It also addresses vehicles and associated fuels, including hydrogen for fuel cells and ethanol. It also addresses issues with a separate R&D provision for most of resources, Energy Department management, and personnel and training. The bill also covers electricity generation, transmission and distribution. It also offers tax incentives to get many of these technologies rolling.
ACCESSION #
18352175

 

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