S 1462 · 111th Congress · Energy

American Clean Energy Leadership Act of 2009

Introduced 2009-07-16· Sponsored by Sen. Bingaman, Jeff [D-NM]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 110.(2009-07-16)

Plain Language Summary

[AI summary unavailable — showing source text] American Clean Energy Leadership Act of 2009 - Establishes: (1) the Clean Energy Investment Fund, a revolving fund to develop clean energy technology; (2) the Clean Energy Deployment Administration in the Department of Energy (DOE) to provide financial support for deploying clean energy technologies; (3) the National Commission on Nuclear Waste to study issues concerning waste management, disposal, storage, and chemical reprocessing of spent nuclear fuel and high-level radioactive waste; (4) a Working Group on Energy Markets; and (5) a standard that requires utilities to obtain an increasing percentage of their base quantity of electricity that they sell to consumers from renewable energy or energy efficiency (3% in 2011-2013, 6% in 2014-2016, 9% in 2017-2018, 12% in 2019-2020, and 15% in 2021-2039). Requires DOE to: (1) establish a renewable energy credit trading program and an energy efficiency credit trading program, under which utilities will submit credits to comply with such standard; (2) conduct various studies and programs concerning clean energy, water use and energy savings, and energy efficiency in vehicles; (3) support manufacturers' use of clean energy and energy effic…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

S. 1462, American Clean Energy Leadership Act of 2009

Sep 30, 2009

<p>Cost estimate for the bill as reported by the Senate Committee on Energy and Natural Resources on July 16, 2009</p>

Full CBO report ↗

S. 1462, American Clean Energy Leadership Act of 2009

Sep 30, 2009

Cost estimate for the bill as reported by the Senate Committee on Energy and Natural Resources on July 16, 2009

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office