Actions for the Electric Power and Industry Sectors

Action 1

Streamline the permitting process for new low-carbon or carbon-free generating facilities and related infrastructure in ways that preserve public comment and provide accountability for performance. Relevant statutes that affect the Electric Power and Industry sectors include the Clean Air Act, the Clean Water Act, the National Environmental Policy Act, Federal Energy Regulatory Commission rules, and state environmental laws.

Action 2

Offer targeted temporary tax credits or incentives, low interest revolving loan funds, matching grants, or other appropriate incentives or rewards to reduce the cost of installing climate-friendly power-generating technologies and related infrastructure.

Action 3

Improve the energy efficiency of equipment that uses electricity.

Action 4

Facilitate expansion of natural gas pipeline infrastructure and capacity and expand natural gas markets by streamlining duplicative and conflicting regulations, removing economic disincentives, and simplifying the permitting process in ways that preserve public comment and provide accountability for performance.

Action 5

Harmonize tax schedules for depreciation of new electric power-generating equipment and related infrastructure with the schedule for depreciation of other types of capital equipment to create an economic incentive to install climate-friendly electric power-generating equipment more frequently.

Action 6

In partnership with the private sector, government research should focus on improving scientific understanding and practical applications for the use of renewable energy and distributed energy technologies such as fuel cells and micro turbines.
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