Energy Tax Policy Act of 2001

[AI summary unavailable — showing source text] Energy Tax Policy Act of 2001 - Amends the Internal Revenue Code to with respect to energy conservation credits and deductions, including: (1) a residential solar energy credit; (2) the credit for electricity from renewable sources; (3) a credit for stationary fuel cell powerplant expenditures; (4) an alternative motor vehicle credit; (5) the credit for electric vehicles; (6) an energy efficient appliance credit; (7) a credit for energy efficiency improvements to existing homes; (8) a business credit for construction of a new energy efficient home; (9) a deduction for energy efficient commercial building property; (10) a deduction for qualified energy management devices and retrofitted meters; and (11) an energy credit for combined heat and power system property. Sets forth provisions concerning energy suppliers and supply, including provisions relating to: (1) the treatment of natural gas gathering lines as seven-year property; (2) the treatment of petroleum refining property as seven-year property; (3) the expensing of capital costs incurred in complying with environmental protection agency sulfur regulations; (4) an environmental tax credit for every gallon of 15 parts per milli…