The Energy Policy Act of 2005 (Pub.L. 109-58) is a bill passed by the United States Congress on July 29, 2005, and signed into law by President George W. Bush on August 8, 2005, at Sandia National Laboratories in Albuquerque, New Mexico. The act, described by proponents as an attempt to combat growing energy problems, changed US energy policy by providing tax incentives and loan guarantees for energy production of various types.
Read more about Energy Policy Act Of 2005: Congressional Budget Office (CBO) Cost Estimate, Support, Criticism, Legislative History
Famous quotes containing the words energy, policy and/or act:
“A government deriving its energy from the will of the society, and operating, by the reason of its measures, on the understanding and interest of the society ... is the government for which philosophy has been searching and humanity been fighting from the most remote ages ... which it is the glory of America to have invented, and her unrivalled happiness to possess.”
—James Madison (1751–1836)
“We legislate against forestalling and monopoly; we would have a common granary for the poor; but the selfishness which hoards the corn for high prices, is the preventative of famine; and the law of self-preservation is surer policy than any legislation can be.”
—Ralph Waldo Emerson (1803–1882)
“The only ones who are really grateful for the war are the wild ducks, such a lot of them in the marshes of the Rhone and so peaceful ... because all the shot-guns have been taken away completely taken away and nobody can shoot with them nobody at all and the wild ducks are very content. They act as of they had never been shot at, never, it is so easy to form old habits again, so very easy.”
—Gertrude Stein (1874–1946)