{
  "id": "RL33302",
  "type": "CRS Report",
  "typeId": "REPORTS",
  "number": "RL33302",
  "active": false,
  "source": "EveryCRSReport.com",
  "versions": [
    {
      "source": "EveryCRSReport.com",
      "id": 319974,
      "date": "2006-03-08",
      "retrieved": "2016-04-07T19:09:35.836029",
      "title": "Energy Policy Act of 2005: Summary and Analysis of Enacted Provisions",
      "summary": "The Energy Policy Act of 2005 ( P.L. 109-58 ), signed by President Bush on August 8, 2005, was\nthe\nfirst omnibus energy legislation enacted in more than a decade. Spurred by rising energy prices and\ngrowing dependence on foreign oil, the new energy law was shaped by competing concerns about\nenergy security, environmental quality, and economic growth. Major provisions in the bill include:\n  Electricity.  The Federal Energy Regulatory Commission (FERC) is authorized to\ncertify a\nnational electric reliability organization (ERO) to enforce mandatory reliability standards for the\nbulk-power system. Federal power of eminent domain may be used to acquire electric transmission\nrights-of-way in areas designated as congested by the Secretary of Energy. The act repeals a\nrequirement under the Public Utility Regulatory Policies Act (PURPA) that utilities must purchase\npower from all qualifying facilities and small power producers at a rate based on the utilities' avoided\ncost. Also repealed is the Public Utility Holding Company Act of 1935 (PUHCA), which restricted\nthe structure of holding companies of investor-owned utilities.\n  Renewable Fuels Standard.  Gasoline sold in the United States must contain an\nincreasing\namount of renewable fuel, such as ethanol or biodiesel. Motor fuels must contain at least 4.0 billion\ngallons of renewables in 2006, a level that increases by 700 million gallons each year through 2011\nbefore reaching a level of 7.5 billion gallons in 2012.\n  Tax Incentives.  Tax reductions of $14.5 billion over 11 years are provided to\nencourage\ndomestic energy production and energy efficiency, including about $1.3 billion for energy efficiency\nand conservation, about $4.5 billion for renewable energy, a $2.6 billion package of oil and gas\nincentives, nearly $3.0 billion for coal, and more than $3.0 billion in electricity incentives (which\nincludes a new production tax credit for nuclear power).   Energy Efficiency. \nImproved national energy efficiency is encouraged through new statutory\nstandards, requirements for federal action, and incentives for voluntary improvements.\n  Domestic Energy Production.  The act encourages production on federal lands\nthrough royalty\nreductions for marginal oil and gas wells on public lands and the outer continental shelf. Provisions\nare also included to increase access to federal lands for drilling activities and other energy projects.\n Several proposals that were intensely debated during consideration of the energy bill did not\nmake it into the enacted legislation. The most prominent of these defeated provisions would have\nallowed oil and gas production in the Arctic National Wildlife Refuge (ANWR), increased corporate\naverage fuel economy (CAFE) standards, and established stronger federal efforts to reduce\ngreenhouse gases. This report will not be updated.",
      "type": "CRS Report",
      "typeId": "REPORTS",
      "active": false,
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      "topics": []
    }
  ],
  "topics": [
    "Energy Policy",
    "Environmental Policy",
    "Foreign Affairs",
    "Intelligence and National Security",
    "National Defense"
  ]
}