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:
“Just as we are learning to value and conserve the air we breathe, the water we drink, the energy we use, we must learn to value and conserve our capacity for nurture. Otherwise, in the name of human potential we will slowly but surely erode the source of our humanity.”
—Elaine Heffner (20th century)
“Tis our true policy to steer clear of permanent alliances with any portion of the foreign world.”
—George Washington (17321799)
“Always strive to find out what to do by thinking, without asking anybody. If you continually do this, you will soon act like a grown-up woman. For want of doing this, a very great number of grown-up people act like children.”
—George Bernard Shaw (18561950)