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power generation. The EPA is currently under Supreme Court order to determine whether carbon dioxide is a pollutant according to Clean Air Act standards. These recent actions show gathering momentum towards a more comprehensive treatment of policy through the use of government agencies. Summary • The United States needs a comprehensive National Energy Plan that effectively addresses three principal goals: economic growth, environmental protection and national security. • The definition of renewable energy has been expanded over time to include an assortment of renewable technologies. Concern regarding environmental issues has also increased. • Negotiation was a crucial component of the legislative process; compromise was needed among the various interest groups and political parties to ensure each bill’s passage. • Policies adopted in these bills include tax incentives for energy conservation and efficiency improvements, production tax credits for traditional and renewable energy producers, renewable energy tax credits for residential energy investments, manufacturing incentives and consumer tax credits for hybrid and fuel efficient vehicles, plus other financial incentives (grants and loans) for renewable energy technologies, renewable fuel standards, CAFE standards, energy efficiency equipment standards, smart grid, and research and development funding. • Although EIEA 2008 offered no tax credits for renewable technologies not previously included, the act illustrates a trend toward extending or creating tax incentives and tax credits in all energy sectors. • Policy options available for new legislation include national renewable portfolio standards, certain oil and natural gas subsidies to offset costs for new energy efficiency and renewable energy tax incentives, continued and expanded incentives for energy production and conservation efforts, cap-and-trade programs, and research and development funding. • President Obama will support congressional passage of a clean energy economy bill to double the production of renewable energy. 130PDF Image | Shaping Energy Technology Transition
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