The American Power Act - First Read (cont.) Clean Energy Research
Title I, Subtitle F, authorizes the DOE to distribute 2% of all CO2 allowances "on a competitive basis" to universities, foundations, and private companies for the purpose of promoting the development and deployment of "clean energy technology" while "taking into account the goals of ARPA-E." (Sec. 1801(c)). "Clean energy technology" means a technology that produces energy from something other than a fossil fuel; "more efficiently" stores, transmits, or distributes energy or reduces emissions; enhances energy efficiency for buildings or industry; enables development of the "Smart Grid"; produces an advanced or sustainable material with an energy or energy efficiency application; enhances water security and conservation; or improves energy efficiency for transportation. (Sec. 1801(a)(3)).
Interestingly, the Power Act references the "goals" of ARPA-E, which is basically a non-political research and development program, while reserving power and control over the allowance fund (which is substantial) for DOE's political leadership. The rationale for this approach is not immediately clear. Also, water "security and conservation" have historically been EPA's purview. It seems Congress, through its definition of "clean energy technology," aims to expand DOE's portfolio a bit. Again, the rationale for this change is not immediately clear.
