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Cap and Trade

American Clean Energy and Security Act of 2009

Just changed to:

American Power Act

Emissions trading (also known as cap and trade) an administrative (governmental) approach used to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants”.

 “Beginning 1 year after enactment of the Cap and Trade Act, you won’t be able to sell your home unless you retrofit it to comply with the energy and water efficiency standards of this Act. H.R. 2454, the “Cap & Trade” bill passed by the House of Representatives, if also passed by the Senate, will be the largest tax increase any of us has ever experienced.

The Congressional Budget Office (supposedly non-partisan) estimates that in just a few years the average cost to every family of four will be $6,800 per year. No one is excluded. However, once the lower classes feel the pinch in their wallets, you can be sure these voters get a tax refund (even if they pay no taxes at all) to offset this new cost. Thus, you Mr. and Mrs. Middle Class America will have to pay even more since additional tax dollars will be needed to bail out everyone else.

A year from now you won’t be able to sell your house. Yes, you read that right. The caveat is (there always is a caveat) that if you have enough money to make required major upgrades to your home, then you can sell it. But, if not, then forget it. Even pre-fabricated homes (“mobile homes”) are included.

In effect, this bill prevents you from selling your home without the permission of the EPA administrator. To get this permission, you will have to have the energy efficiency of your home measured. Then the government will tell you what your new energy efficiency requirement is and you will be forced to make modifications to your home under the retrofit provisions of this Act to comply with the new energy and water efficiency requirements.

Then you will have to get your home measured again and get a license (called a “label” in the Act) that must be posted on your property to show what your efficiency rating is; sort of like the Energy Star efficiency rating label on your refrigerator or air conditioner. If you don’t get a high enough rating, you can’t sell. And, the EPA administrator is authorized to raise the standards every year, even above the automatic energy efficiency increases built into the Act.”

Do I have your attention yet? Good because this is the type of text found throughout the World Wide Web from people truly concerned about Cap & Trade and what it might mean to them. Cap and Trade is coming soon if we don’t become involved, show our discontent in the voting booth in November, and STOP this insanity that has overtaken Washington! These are taxes that Washington is talking about and these are not cheap. If this bill passes, it will be the largest tax increase on middleclass Americans EVER! This bill is socialistic in nature and if allowed to pass, will change America for generations to come; it will break us. It is my opinion that if we think the health care bill is bad then we'd better take a good long hard look at the Cap and trade bill.  HR 2454 is also known as the “American Clean Energy and Security Act of 2009”.  This bill is written in the same form as HR 3590, the health care bill.  This document is 1428 pages long.  As I mentioned in my health care chapter, I have spoken with many people regarding this bill also.  I would estimate that no more than 5% of the people that I spoke with had any idea that there was such a bill in Washington.  That being said, one would have to assume that the majority of Americans do not have a clue of what is contained within HR 2454.  After reading the chapter on health care and gleaning a fair understanding of the accelerating costs that most of us will endure, I am sure that you will agree with me that HR 2454 makes HR 3590 look like Ned and his first reader.

  I feel confident that most everyone has come to realize that energy costs are rising without the help of any governmental agency.  This bill, if allowed to pass, will raise our energy costs to a level that we have never experienced.  I am quite positive that most Americans have come to the same conclusion as I have; when energy costs rise, so does the cost of just about everything else.  It is my belief that the group of people that will endure the greatest hardship brought on by these accelerated energy costs will be the middle class of America.  Again, the wealthy will probably not feel much pain and the poor will receive help from state and federal government.  But if you fall into the category of middle-class, then you probably make too much money to receive financial assistance from anyone.  As things stand right now for me, my income is above the level in which I would be eligible for financial assistance, but still have a very difficult time in making ends meet every month. Any increase in my obligations, if HR 2454 passes, will be unsustainable.  In other words, I cannot afford to pay any extra fees, taxes, penalties, interest or anything else the federal government deems appropriate.  According to the congressional budget office, commonly known as the CBO, the average increase in annual costs to me will be around $1600.  Do not be confused, this increase is on top of what I already spend.  Now I do not know about you, but I don't have an extra $1600 just lying around and I feel very confident that an increase in my net pay to cover this is not in the cards at this time.  It is my belief that employers across this country will be quite busy searching for the extra capital it will require to become and stay compliant with the healthcare bill setting any increase in employee payroll on the back burner for the foreseeable future.  The extra costs incurred with the passage of HR 2454 will put the possibility of a raise in pay, for most, in a galaxy far, far away. By the way, the $1600 is after you pay all of your taxes. In other words, it is probably going to take $2500 gross pay to cover these accelerated utility costs. In other words, I am going to have to ask my boss for a $2500 raise to cover my accelerated utility costs in order to keep my standard of living where it is today.

  After reading the entire bill, I believe that the costs (taxes) involved greatly outweigh any reduction in the amount of carbon contained within our atmosphere.  It has also come to my attention that a certain percentage of this bill is dedicated to the implementation of a trading system for these carbon credits.  I find this quite disturbing.  We have all seen how the stock market has been, is now and will be manipulated.  It is my belief that the rules and regulations set forth in this legislation hold no promise of ever protecting the citizens of this great country from the same manipulation. This will be the largest transfer of wealth in human history.

  I plead with everyone to please read every word. As with the healthcare bill, I have pulled from this bill, the text that jumps off the page at me.  There is much, much more within this document that I know is very important. I find it quite odd that I continue to have such a good outlook, even with socialism knocking at the door, while I shop for a good dumpster to live behind. 

  As a note, I would like to add the description of a word that is used throughout and should be understood for it clearly has great meaning:

                               promulgate 

Main Entry: pro·mul·gate

Pronunciation: \ˈprä-məl-ˌgāt; prō-ˈməl-, prə-ˈ, ˈprō-(ˌ)\

Function: transitive verb

Inflected Form(s): pro·mul·gat·ed; pro·mul·gat·ing

Etymology: Latin promulgatus, past participle of promulgare, from pro- forward + -mulgare (probably akin to mulgēre to milk, extract) — more at emulsion

Date: 1530

1 : to make (as a doctrine) known by open declaration : proclaim
2 a : to make known or public the terms of (a proposed law) b : to put (a law) into action or force

synonyms see declare

pro·mul·ga·tion \ˌprä-məl-ˈgā-shən; ˌprō-(ˌ)məl-, (ˌ)prō-ˌ\ noun

pro·mul·ga·tor \ˈprä-məl-ˌgā-tər; prō-ˈməl-, prə-ˈ, ˈprō-(ˌ)\ noun

 

 “Smart meters” are electric meters that return information about customer power usage to the power company immediately and allow a power company to control the amount of power a customer can consume. These smart meters are a central component of the Obama administration’s plans to reduce electricity consumption as part of the “smart grid.”

    

 

Calendar No. 97

111TH CONGRESS

1ST SESSION H. R. 2454

IN THE SENATE OF THE UNITED STATES

JULY 6, 2009

Received and read the first time

JULY 7, 2009

Read the second time and placed on the calendar

 

AN ACT

SHORT TITLE.—This Act may be cited as the‘American Clean Energy and Security Act of 2009

 

To create clean energy jobs, achieve energy independence, reduce

global warming pollution and transition to a clean energy economy.

 

Well, here we go. Remember, this bill is only 1428 pages so it should not take as long to read as the health care bill.

 

Page 11

1 SEC. 2. DEFINITIONS.

2 For purposes of this Act:

3 (1) ADMINISTRATOR.—The term ‘‘Adminis4

trator’’ means the Administrator of the Environ5

mental Protection Agency.

Remember this, the Administrator will be referred to many times in the bill.

9 SEC. 3. INTERNATIONAL PARTICIPATION.

10 The Administrator, in consultation with the Depart11

ment of State and the United States Trade Representa12

tive, shall annually prepare and certify a report to the

13 Congress regarding whether China and India have adopted

14 greenhouse gas emissions standards at least as strict as

15 those standards required under this Act. If the Adminis16

trator determines that China and India have not adopted

17 greenhouse gas emissions standards at least as stringent

18 as those set forth in this Act, the Administrator shall no19

tify each Member of Congress of his determination, and

20 shall release his determination to the media.

This sounds like the beginning of a threatening posture to me. The Administrator is going to want all countries to be singing from the same hymn book. And what does it mean if they don’t? Further into the bill, it states that there will be consequences.

Page 15

11 ‘‘(6) ELECTRICITY SAVINGS.—The term ‘elec12

tricity savings’ means reductions in electricity con13

sumption, relative to business-as-usual projections,

14 achieved through measures implemented after the

15 date of enactment of this section, limited to—

16 ‘‘(A) customer facility savings of elec17

tricity, adjusted to reflect any associated in18

crease in fuel consumption at the facility;

19 ‘‘(B) reductions in distribution system

20 losses of electricity achieved by a retail elec21

tricity distributor, as compared to losses attrib22

utable to new or replacement distribution sys23

tem equipment of average efficiency;

24 ‘‘(C) CHP savings; and

25 ‘‘(D) fuel cell savings.

So, reducing electricity consumption in order to be seen in a good light with the Administrator. I would think that greatly increasing electricity costs would reduce consumption. Hmmm! It also seems that points will be deducted if the distribution lines are not up to someone’s standard. Where will that money come from?

Page 16

 

1 ‘‘(7) CENTRAL PROCUREMENT STATE.—The

2 term ‘central procurement State’ means a State

3 that, as of January 1, 2009, had adopted and imple4

mented a legally enforceable mandate that, in lieu of

5 requiring utilities to submit credits or certificates

6 issued based on generation of electricity from (or to

7 purchase or generate electricity from) resources de8

fined by the State as renewable, requires retail elec9

tric suppliers to collect payments from electricity

10 ratepayers within the State that are used for central

11 procurement, by a State agency or a public benefit

12 corporation established pursuant to State law, of

13 credits or certificates issued based on generation of

14 electricity from resources defined by the State as re15

newable.

That is what I am talking about. The ratepayers are the group that will fund this entire exercise; that’s us! I wonder if that CBO number was correct? Remember, $1600.00 per year in addition to what you already pay! And if you think that these regulations will not drive the cost of everything else through the roof……

Page 26

 

20 ‘‘(21) THIRD-PARTY EFFICIENCY PROVIDER.—

21 The term ‘third-party efficiency provider’ means any

22 retailer, building owner, energy service company, fi23

nancial institution or other commercial, industrial or

24 nonprofit entity that is capable of providing elec-

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1 tricity savings in accordance with the requirements

2 of this section.

It will be interesting to see how a financial institution is capable of providing savings on my utility bill.

Page 31

 

8 ‘‘(e) FEDERAL RENEWABLE ELECTRICITY CRED9

ITS.—

10 ‘‘(1) IN GENERAL.—The regulations promul11

gated under this section shall include provisions gov12

erning the issuance, tracking, and verification of

13 Federal renewable electricity credits. Except as pro14

vided in paragraphs (2), (3), and (4) of this sub15

section, the Commission shall issue to each gener16

ator of renewable electricity, 1 Federal renewable

17 electricity credit for each megawatt hour of renew18

able electricity generated by such generator after

19 December 31, 2011. The Commission shall assign a

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1 unique serial number to each Federal renewable

2 electricity credit.

“The Commission” I for one would like to see who sits on the Commission. I would imagine that there are quite a few interesting individuals we already know and love.

Page 32

 

3 ‘‘(2) GENERATION FROM CERTAIN STATE RE4

NEWABLE ELECTRICITY PROGRAMS.—(A) Except as

5 provided in subparagraph (B), where renewable elec6

tricity is generated with the support of payments

7 from a retail electric supplier pursuant to a State re8

newable electricity program (whether through State

9 alternative compliance payments or through pay10

ments to a State renewable electricity procurement

11 fund or entity), the Commission shall issue Federal

12 renewable electricity credits to such retail electric

13 supplier for the proportion of the relevant renewable

14 electricity generation that is attributable to the retail

15 electric supplier’s payments

Remember where the funds are generated from to pay the “Retail Electric Supplier” payments; retail customers in the form of higher taxes.

Page 40

 

16 ‘‘(2) STANDARDS FOR THIRD-PARTY

17 VERIFICATION OF SAVINGS.—The regulations pro18

mulgated under this section shall establish proce19

dures and standards requiring third-party

20 verification of all reported electricity savings, includ21

ing requirements for accreditation of third-party

22 verifiers to ensure that such verifiers are profes23

sionally qualified and have no conflicts of interest.

I wonder who these “Third-Party Verifiers” are and how much they will be paid? The more entities involved in your electric bill, the higher it will be. This is a simple law of monetary physics.

Page 49

 

3 ‘‘(3) NONCOMPLIANCE.—If a central procure4

ment State that pursuant to this subsection has as5

sumed responsibility for compliance with the require6

ments of subsection (b), fails to satisfy the require7

ments of subsection (b) or (h) for any year, the

8 State’s assumption of responsibility under this sub9

section shall be discontinued immediately, and retail

10 electric suppliers located in such State henceforth

11 shall be directly subject to the requirements of this

12 section.

I read this and assume that if our elected officials at the State level fall down on the job, then the retail electricity providers in that state are automatically responsible. So let’s see, the State gets the money and doesn’t spend it correctly OR has a falling out with the Commission, your electric company is on the hook.

Page 49

 

13 ‘‘(h) INFORMATION COLLECTION.—The Commission

14 may require any retail electric supplier, renewable elec15

tricity generator, or such other entities as the Commission

16 deems appropriate, to provide any information the Com17

mission determines appropriate to carry out this section.

18 Failure to submit such information or submission of false

19 or misleading information under this subsection shall be

20 a violation of this section.

“Any information the Commission determines appropriate” is a very open ended statement. This sounds just like the Secretary in the healthcare bill. I wonder if my personal energy usage will become an issue for my provider. You know; do I use too much electricity?

Page 49

 

21 ‘‘(i) ENFORCEMENT AND JUDICIAL REVIEW.—

22 ‘‘(1) FAILURE TO SUBMIT CREDITS OR DEM23

ONSTRATE SAVINGS.—If any person, other than any

24 central procurement State that pursuant to sub25

section (g) has assumed responsibility for compliance

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1 with the requirements of subsection (b), fails to com2

ply with the requirements of subsection (b) or (h),

3 such person shall be liable to pay to the Commission

4 a civil penalty equal to the product of—

5 ‘‘(A) double the alternative compliance

6 payment calculated under subsection (h)(1),

7 and

8 ‘‘(B) the aggregate quantity of Federal re9

newable electricity credits, total annual elec10

tricity savings, or equivalent alternative compli11

ance payments that the person failed to submit

12 in violation of the requirements of subsections

13 (b) and (h).

14 ‘‘(2) ENFORCEMENT.—The Commission shall

15 assess a civil penalty under paragraph (1) in accord16

ance with the procedures described in section 31(d)

17 of the Federal Power Act (16 U.S.C. 823b(d)).

18 ‘‘(3) VIOLATION OF REQUIREMENT OF REGULA19

TIONS OR ORDERS.—Any person, other than any

20 central procurement State that pursuant to sub21

section (g) has assumed responsibility for compliance

22 with the requirements of subsection (b), who vio23

lates, or fails or refuses to comply with, any require24

ment of a regulation promulgated or order issued

25 under this section shall be subject to a civil penalty

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1 under section 316A(b) of the Federal Power Act (16

2 U.S.C. 825o–1). Such penalty shall be assessed by

3 the Commission in the same manner as in the case

4 of a violation referred to in section 316A(b) of such

5 Act.

Federal Power Act (16 U.S.C. 823b(d)

If you think you might fall into the category of “violator”, you will want to read the Federal Power Act; it might be very important. Heck, you might want to find another line of work. The fact that civil penalties are mentioned at all is very disturbing.

Page 53

 

19 SEC. 103. FEDERAL RENEWABLE ENERGY PURCHASES.

20 (a) REQUIREMENT.—For each of calendar years

21 2012 through 2039, the President shall ensure that, of

22 the total amount of electricity Federal agencies consume

23 in the United States during each calendar year, the fol24

lowing percentage shall be renewable electricity:

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Calendar year Required annual

percentage

2012 ............................................................................... 6.0

2013 ............................................................................... 6.0

2014 ............................................................................... 9.5

2015 ............................................................................... 9.5

2016 ............................................................................... 13.0

2017 ............................................................................... 13.0

2018 ............................................................................... 16.5

2019 ............................................................................... 16.5

2020 ............................................................................... 20.0

2021 through 2039 ........................................................ 20.0

11 (c) MODIFICATION OF REQUIREMENT.—If the Presi12

dent determines that the Federal Government cannot fea13

sibly meet the requirement established in subsection (a)

14 in a specific calendar year, the President may, by written

15 order, reduce such requirement for such calendar year to

16 a percentage the President determines the Federal Gov17

ernment can feasibly meet.

I wonder if I can reduce my tax burden, by written order of course, in order to reduce my requirement to an amount I can feasibly meet. Seriously, will all the entities that are subject to this bill have the same right to reduce requirements? I don’t think so. I was always taught that what is good for the goose, is good for the gander.

Page 55

 

Page 64

 

12 (8) RETAIL CONSUMER.—The term ‘‘retail con13

sumer’’ means an end-user of electricity.

Just thought I would throw this in as a reminder. This means you!

Page 75

 

7 (12) ANNUAL REPORT.—Each year the Cor8

poration shall prepare and make publicly available a

9 report which includes an identification and descrip10

tion of all programs and projects undertaken by the

11 Corporation during the previous year. The report

12 shall also detail the allocation or planned allocation

13 of Corporation resources for each such program and

14 project. The Corporation shall provide its annual re15

port to the Congress, the Secretary, each State regu16

latory authority, and upon request to the public. The

17 Secretary shall, not less than 60 days after receiving

18 such report, provide to the President and Congress

19 a report assessing the progress of the Corporation in

20 meeting the objectives of this section.

21 (d) ASSESSMENTS.—

22 (1) AMOUNT.—(A) In all calendar years fol23

lowing its establishment, the Corporation shall col24

lect an assessment on distribution utilities for all

25 fossil fuel-based electricity delivered directly to retail

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1 consumers (as determined under subsection (f)). The

2 assessments shall reflect the relative carbon dioxide

3 emission rates of different fossil fuel-based elec4

tricity, and initially shall be not less than the fol5

lowing amounts for coal, natural gas, and oil:

Fuel type Rate of assessment

per kilowatt hour

Coal ................................................................... $0.00043

Natural Gas ...................................................... $0.00022

Oil ..................................................................... $0.00032.

6 (B) The Corporation is authorized to adjust the

7 assessments on fossil fuel-based electricity to reflect

8 changes in the expected quantities of such electricity

9 from different fuel types, such that the assessments

10 generate not less than $1.0 billion and not more

11 than $1.1 billion annually. The Corporation is au12

thorized to supplement assessments through addi13

tional financial commitments.

Yep, higher rates. Most of the electricity generated and sold in the country comes from fossil fuel. It looks like the corporation has a built in billion dollar per year income. Who is this Corporation anyway? Good question; isn’t it? And there is that description again: Retail Consumers.

Page 77

 

4 (3) REVERSION OF UNUSED FUNDS.—If the

5 Corporation does not disburse, dedicate or assign 75

6 percent or more of the available proceeds of the as7

sessed fees in any calendar year 7 or more years fol8

lowing its establishment, due to an absence of quali9

fied projects or similar circumstances, it shall reim10

burse the remaining undedicated or unassigned bal11

ance of such fees, less administrative and other ex12

penses authorized by this section, to the distribution

13 utilities upon which such fees were assessed, in pro14

portion to their collected assessments.

There are two things in this section that I would not count on. The first one is the assumption that the government will not spend all the money it collects and the second, that the government would not spend all the money it collects.

 

3 (3) FINAL RULE.—Within 6 months after the

4 date of enactment of this Act, and after opportunity

5 for comment, the Secretary shall issue a final rule

6 under this subsection for determining the level and

7 type of fossil fuel-based electricity delivered to retail

8 customers by each distribution utility in the United

9 States during the appropriate period.

I suggest you contact your utility company and become involved. I received a letter from my utility company (can be viewed on the website) and it states that costs will get way out of hand.

16 (g) COMPLIANCE WITH CORPORATION ASSESS17

MENTS.—The Corporation may bring an action in the ap18

propriate court of the United States to compel compliance

19 with an assessment levied by the Corporation under this

20 section. A successful action for compliance under this sub21

section may also require payment by the defendant of the

22 costs incurred by the Corporation in bringing such action.

The Corporation can bring suit against any energy provider if the Corporation doesn’t care for the actions of the energy provider. I am confident that this will be of no assistance in reducing our monthly utility bills.

Please hang in there as this is important. As I mentioned in the health care chapter, I have chosen the sections that seem to be the most prevalent. I do feel that the entire bill has the potential to transform America forever! And it will not be pretty!

Page 145

9 SEC. 132. SUPPORT OF STATE RENEWABLE ENERGY AND

10 ENERGY EFFICIENCY PROGRAMS.

11 (a) DEFINITIONS.—For purposes of this section:

12 (1) ALLOWANCE.—The term ‘‘allowance’’

13 means an emission allowance established under sec14

tion 721 of the Clean Air Act (as added by section

15 311 of this Act).

16 (2) COST-EFFECTIVE.—The term ‘‘cost-effec17

tive’’, with respect to an energy efficiency program,

18 means that the program meets the Total Resource

19 Cost Test, which requires that the net present value

20 of economic benefits over the life of the program or

21 measure, including avoided supply and delivery costs

22 and deferred or avoided investments, is greater than

23 the net present value of the economic costs over the

24 life of the program, including program costs and in25

cremental costs borne by the energy consumer.

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1 (3) RENEWABLE ENERGY RESOURCE.—The

2 term ‘‘renewable energy resource’’ shall have the

3 meaning given that term in section 610 of the Public

4 Utility Regulatory Policies Act of 1978 (as added by

5 section 101 of this Act).

6 (4) VINTAGE YEAR.—The term ‘‘vintage year’’

7 shall the meaning given that term in section 700 of

8 the Clean Air Act (as added by section 311 of this

9 Act).

10 (b) DISTRIBUTION AMONG STATES.—Not later than

11 September 30 of each calendar year from 2011 through

12 2049, the Administrator shall, in accordance with this sec13

tion, distribute allowances allocated pursuant to section

14 782(g)(1) of the Clean Air Act (as added by section 311

15 of this Act) for the following vintage year. The Adminis16

trator shall distribute 0.5 percent of such allowances pur17

suant to section 133 of this Act. The Administrator shall

18 distribute the remaining allowances to States for renew19

able energy and energy efficiency programs to be deposited

20 in and administered through the State Energy and Envi21

ronment Development (SEED) Accounts established pur22

suant to section 131. The Administrator shall distribute

23 allowances among the States under this section each year

24 in accordance with the following formula:

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1 (1) One third of the allowances shall be divided

2 equally among the States.

3 (2) One third of the allowances shall be distrib4

uted ratably among the States based on the popu5

lation of each State, as contained in the most recent

6 reliable census data available from the Bureau of the

7 Census, Department of Commerce, for all States at

8 the time the Administrator calculates the formula

9 for distribution.

10 (3) One third of the allowances for shall be dis11

tributed ratably among the States on the basis of

12 the energy consumption of each State as contained

13 in the most recent State Energy Data Report avail14

able from the Energy Information Administration

15 (or such alternative reliable source as the Adminis16

trator may designate).

17 (c) USES.—The allowances distributed to each State

18 pursuant to this section shall be used exclusively in accord19

ance with the following requirements:

20 (1) Not less than 12.5 percent shall be distrib21

uted by the State to units of local government within

22 such State to be used exclusively to support the en23

ergy efficiency and renewable energy purposes listed

24 in paragraphs (2) and (3).

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1 (2) Not less than 20 percent shall be used ex2

clusively for the following energy efficiency purposes,

3 provided that not less than 1 percent shall be used

4 for the purpose described in subparagraph (D) and

5 not less than 5.5 percent shall be used for the pur6

pose described in subparagraph (E):

7 (A) Implementation and enforcement of

8 building codes adopted in compliance with sec9

tion 201.

10 (B) Implementation of the energy efficient

11 manufactured homes program established pur12

suant to section 203.

13 (C) Implementation of the building energy

14 performance labeling program established pur15

suant to section 204.

16 (D) Low-income community energy effi17

ciency programs that are consistent with the

18 grant program established under section 264 of

19 this Act.

20 (E) Implementation of the Retrofit for En21

ergy and Environmental Performance (REEP)

22 program established pursuant to section 202.

23 (3) Not less than 20 percent shall be used ex24

clusively for capital grants, tax credits, production

25 incentives, loans, loan guarantees, forgivable loans,

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1 direct provision of allowances, and interest rate buy2

downs for—

3 (A) re-equipping, expanding, or estab4

lishing a manufacturing facility that receives

5 certification from the Secretary of Energy pur6

suant to section 1302 of the American Recovery

7 and Reinvestment Act of 2009 for the produc8

tion of—

9 (i) property designed to be used to

10 produce energy from renewable energy

11 sources; and

12 (ii) electricity storage systems;

13 (B) deployment of technologies to generate

14 electricity from renewable energy sources; and

15 (C) deployment of facilities or equipment,

16 such as solar panels, to generate electricity or

17 thermal energy from renewable energy re18

sources in and on buildings in an urban envi19

ronment.

20 (4) The remaining 47.5 percent shall be used

21 exclusively for any of the following purposes:

22 (A) Energy efficiency purposes described

23 in paragraph (2).

24 (B) Renewable energy purposes described

25 in paragraph (3)(B) and (C).

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1 (C) Cost-effective energy efficiency pro2

grams for end-use consumers of electricity, nat3

ural gas, home heating oil, or propane, includ4

ing, where appropriate, programs or mecha5

nisms administered by local governments and

6 entities other than the State.

7 (D) Enabling the development of a Smart

8 Grid (as described in section 1301 of the En9

ergy Independence and Security Act of 2007

10 (42 U.S.C. 17381)) for State, local government,

11 and other public buildings and facilities, includ12

ing integration of renewable energy resources

13 and distributed generation, demand response,

14 demand side management, and systems anal15

ysis.

16 (E) Providing the non-Federal share of

17 support for surface transportation capital

18 projects under—

19 (i) sections 5307, 5308, 5309, 5310,

20 5311 and 5319 of title 49, United States

21 Code; and

22 (ii) sections 142, 146, and 149 of title

23 23, United States Code,

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1 provided that not more than 10 percent of al2

lowances distributed to each State pursuant to

3 this section shall be used for such purpose.

4 (5) For any allowances used for the purpose de5

scribed in paragraph (4)(C), the State shall—

6 (A) prioritize expansion of existing energy

7 efficiency programs approved and overseen by

8 the State or the appropriate State regulatory

9 authority; and

10 (B) demonstrate that such allowances have

11 been used to supplement, and not to supplant,

12 existing and otherwise available State, local,

13 and ratepayer funding for such purpose.

14 (d) REPORTING.—Each State receiving allowances

15 under this section shall include in its biennial reports re16

quired under section 131, in accordance with such require17

ments as the Administrator may prescribe—

18 (1) a list of entities receiving allowances or al19

lowance value under this section, including entities

20 receiving such allowances or allowance value from

21 units of local government pursuant to subsection

22 (c)(1);

23 (2) the amount and nature of allowances or al24

lowance value received by each such recipient;

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1 (3) the specific purposes for which such allow2

ances or allowance value was conveyed to each such

3 recipient;

4 (4) documentation of the amount of energy sav5

ings, emission reductions, renewable energy deploy6

ment, and new or retooled manufacturing capacity

7 resulting from the use of such allowances or allow8

ance value; and

9 (5) for any energy efficiency program supported

10 under subsection (c)(4)(C)—

11 (A) an assessment demonstrating the cost12

effectiveness of such program; and

13 (B) a demonstration that the requirements

14 set forth in subsection (c)(5) have been satis15

fied.

16 (e) ENFORCEMENT.—If the Administrator deter17

mines that a State is not in compliance with this section,

18 the Administrator may withhold up to twice the number

19 of allowances that the State failed to use in accordance

20 with the requirements of this section, that such State

21 would otherwise be eligible to receive under this section

22 in later years. Allowances withheld pursuant to this sub23

section shall be distributed among the remaining States

24 in accordance with the requirements of subsection (b).

This is where it starts to get a little interesting. It seems that the text moves towards dwellings (REEP Program). I would imagine that we will read some things later in this bill that are very disturbing about your house.

Page 155

17 (5) The term ‘‘peak demand reduction’’ means

18 the reduction in annual peak demand as compared

19 to a previous baseline year or period, expressed in

20 Megawatts (MW), whether accomplished by—

21 (A) diminishing the end-use requirements

22 for electricity;

23 (B) use of locally stored energy or gen24

erated electricity to meet those requirements

25 from distributed resources on the load-serving

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1 entity’s customers’ premises and without use of

2 high-voltage transmission; or

3 (C) energy savings from efficient operation

4 of the distribution grid resulting from the use

5 of a Smart Grid.

6 (6) The term ‘‘peak demand reduction plan’’

7 means a plan developed by or for a load-serving enti8

ty that it will implement to meet its peak demand

9 reduction goals.

10 (7) The term ‘‘peak period’’ means the time pe11

riod on the system of a load-serving entity relative

12 to peak demand that may warrant special measures

13 or electricity resources to maintain system reliability

14 while meeting peak demand.

15 (8) The term ‘‘Secretary’’ means the Secretary

16 of Energy.

17 (9) The term ‘‘Smart Grid’’ has the meaning

18 provided by section 1301 of the Energy Independ19

ence and Security Act of 2007 (15 U.S.C. 17381).

I have a box for this. I installed it two years ago and continue to save 15% to 20% on my electric bill. As a note, my home is two years old and all of the appliances are energy star rated. It is my belief that this box would produce even more savings as most of the appliances in this country are much older than two years and are not energy star rated. This would be an immediate cost reduction and reduction in emissions for everyone. This should be alarming to everyone: diminishing the end-use requirements for electricity

 

Page 251

11 SEC. 173. BUILDING ASSESSMENT CENTERS.

12 (a) IN GENERAL.—The Secretary of Energy (in this

13 section referred to as the ‘‘Secretary’’) shall provide fund14

ing to institutions of higher education for Building Assess15

ment Centers to—

16 (1) identify opportunities for optimizing energy

17 efficiency and environmental performance in existing

18 buildings;

19 (2) promote high-efficiency building construc20

tion techniques and materials options;

21 (3) promote applications of emerging concepts

22 and technologies in commercial and institutional

23 buildings;

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1 (4) train engineers, architects, building sci2

entists, and building technicians in energy-efficient

3 design and operation;

4 (5) assist local community colleges, trade

5 schools, registered apprenticeship programs and

6 other accredited training programs in training build7

ing technicians;

8 (6) promote research and development for the

9 use of alternative energy sources to supply heat and

10 power, for buildings, particularly energy-intensive

11 buildings; and

12 (7) coordinate with and assist State-accredited

13 technical training centers and community colleges,

14 while ensuring appropriate services to all regions of

15 the United States.

Here is another one of those short sections that will be important as we read on. It is my opinion that my house will fall into some category that is “Deemed Appropriate” by the Secretary.

Page 269

8 SEC. 182. PURPOSE.

9 The purpose of sections 183 through 189 of this sub10

title is to promote the domestic development and deploy11

ment of clean energy technologies required for the 21st

12 century through the establishment of a self-sustaining

13 Clean Energy Deployment Administration that will pro14

vide for an attractive investment environment through

15 partnership with and support of the private capital market

16 in order to promote access to affordable financing for ac17

celerated and widespread deployment of—

18 (1) clean energy technologies;

19 (2) advanced or enabling energy infrastructure

20 technologies;

21 (3) energy efficiency technologies in residential,

22 commercial, and industrial applications, including

23 end-use efficiency in buildings; and

24 (4) manufacturing technologies for any of the

25 technologies or applications described in this section.

VerDate Nov

“energy efficiency technologies in residential,

commercial, and industrial applications, including

end-use efficiency in buildings” I think these words have grave implications and all should read and glean the exact meaning. The words residential and end-use implicate everyone who lives in a house and uses electricity. And the fact that they mention: partnership with and support of the private capital market should be a red flag for everyone.

Page 274

1 (2) ADMINISTRATIVE EXPENSES.—

2 (A) FEES.—Fees collected for administra3

tive expenses shall be available without limita4

tion to cover applicable expenses.

5 (B) FUND.—To the extent that adminis6

trative expenses are not reimbursed through

7 fees, an amount not to exceed 1.5 percent of

8 the amounts in the Fund as of the beginning of

9 each fiscal year shall be available to pay the ad10

ministrative expenses for the fiscal year nec11

essary to carry out this subtitle.

12 (d) TRANSFERS OF AMOUNTS.—

13 (1) IN GENERAL.—The amounts required to be

14 transferred to the Fund under this section shall be

15 transferred at least monthly from the general fund

16 of the Treasury to the Fund on the basis of esti17

mates made by the Secretary of the Treasury.

18 (2) ADJUSTMENTS.—Proper adjustment shall

19 be made in amounts subsequently transferred to the

20 extent prior estimates were in excess of or less than

21 the amounts required to be transferred.

22 (3) CASH FLOWS.—Cash flows associated with

23 costs of the Fund described in section 502(5)(B) of

24 the Federal Credit Reform Act of 1990 (2 U.S.C.

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1 661a(5)(B)) shall be transferred to appropriate

2 credit accounts.

Fees collected and transferred…..Hmmm…..and without limitation. I wonder where those fees originate? Taxes; our money. And yet, so far nothing has changed for me. My electic bill is going up; that’s it.

Page 276

4 SEC. 185. ENERGY TECHNOLOGY DEPLOYMENT GOALS.

5 (a) GOALS.—Not later than 1 year after the date of

6 enactment of this Act, the Secretary, after consultation

7 with the Advisory Council, shall develop and publish for

8 review and comment in the Federal Register recommended

9 near-, medium-, and long-term goals (including numerical

10 performance targets at appropriate intervals to measure

11 progress toward those goals) for the deployment of clean

12 energy technologies through the credit support programs

13 established by section 187 to promote—

14 (1) sufficient electric generating capacity using

15 clean energy technologies to meet the energy needs

16 of the United States;

17 (2) clean energy technologies in vehicles and

18 fuels that will substantially reduce the reliance of

19 the United States on foreign sources of energy and

20 insulate consumers from the volatility of world en21

ergy markets;

22 (3) a domestic commercialization and manufac23

turing capacity that will establish the United States

24 as a world leader in clean energy technologies across

25 multiple sectors;

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1 (4) installation of sufficient infrastructure to

2 allow for the cost-effective deployment of clean en3

ergy technologies appropriate to each region of the

4 United States;

5 (5) the transformation of the building stock of

6 the United States to zero net energy consumption;

7 (6) the recovery, use, and prevention of waste

8 energy;

9 (7) domestic manufacturing of clean energy

10 technologies on a scale that is sufficient to achieve

11 price parity with conventional energy sources;

12 (8) domestic production of commodities and

13 materials (such as steel, chemicals, polymers, and

14 cement) using clean energy technologies so that the

15 United States will become a world leader in environ16

mentally sustainable production of the commodities

17 and materials;

18 (9) a robust, efficient, and interactive electricity

19 transmission grid that will allow for the incorpora20

tion of clean energy technologies, distributed genera21

tion, and demand-response in each regional electric

22 grid;

23 (10) sufficient availability of financial products

24 to allow owners and users of residential, retail, com25

mercial, and industrial buildings to make energy ef-

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1 ficiency and distributed generation technology in2

vestments with reasonable payback periods;

3 (11) sufficient availability of financial services

4 and support to small businesses developing and de5

ploying clean energy technologies through partner6

ships with private entities that have relevant credit

7 expertise; and

8 (12) such other goals as the Secretary, in con9

sultation with the Advisory Council, determines to be

10 consistent with the purpose stated in section 182.

11 (b) REVISIONS.—The Secretary shall revise the goals

12 established under subsection (a), from time to time as ap13

propriate, to account for advances in technology and

14 changes in energy policy.

Who are they kidding? Zero net energy consumption? Has anyone told the oil companies; they’ll be very upset. If the equation still works, oil will become very expensive as this bill is an attempt to relieve the oil companies of their customers. And if the oil companies can’t produce acceptable returns for their stockholders……you can fill in the rest.

Page 317

4 ‘‘(1) ENERGY CUSTOMER.—The term ‘energy

5 customer’ means a residential customer or a small

6 commercial customer that receives products or serv7

ices directly or indirectly from a public utility or

8 natural gas company under the ju