Congressional Research Service Reports - 804 Matching Results
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- Energy Tax Policy: An Economic Analysis
- The report provides background on the theory and application of tax policy as it relates to the energy sector, particularly with respect to the theory of market failure in the energy sector and the suggested policy remedies. This background provides a context for understanding how current or proposed energy tax policy may affect other policy objectives or be affected by such objectives.
- State-by-State Comparison of Selected Electricity Restructuring Provisions
- Since 1996, twenty-one states have restructured their electricity markets. While the extent of this restructuring varies by state, four issues have generally been considered by all state legislatures: stranded costs, aggregation, universal service, and public benefits. This report compares the treatment of these issues in the restructuring legislation of the twenty-one states. Using information collected directly from the relevant state laws and the rules promulgated by state public utility commissions, this report provides a state-by-state comparison of the restructuring provisions relating to the four issues.
- Electricity Restructuring and Tax-Exempt Bonds: Economic Analysis of Legislative Proposals
- Tax-exempt bonds reduce public power's interest cost on debt and enable it to lower the price of electricity. This subsidy makes taxpayers better off only if the private market fails to provide the correct amount of electricity. In general, the private market can provide the correct amount of electricity; in those cases when it can not, the tax-exempt bond subsidy is unlikely to correct the problem. Tax-exempt bond legislation has been consistent with this perspective that an interest subsidy for electricity production does not correct a market failure; its focus has been to prohibit the spread of subsidized public power beyond its traditional service areas.
- Appropriations for FY2004: Energy and Water Development
- This report is a guide to one of the 13 regular appropriations bills that Congress considers each year. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant.
- Congress and the Fusion Energy Sciences Program: A Historical Analysis
- The U.S. government has been funding research into controlled thermonuclear fusion since 1951. Since 1957, when the program was declassified, a public record is available in the form of appropriations and authorization reports presenting congressional decisions about fusion research. This report analyzes that record in order to assess how the program may fare in the future. The program recently underwent a major restructuring at the direction of Congress, and is currently establishing plans about how to proceed toward the goal of developing a practical fusion powerplant. These plans are likely to be the subject of close congressional scrutiny during review of the FY2001 budget request from the Department of Energy
- Global Climate Change: The Role for Energy Efficiency
- This report reviews the role of energy efficiency in federal policies to curb CO2 emissions. In particular, it discusses targets for CO2 reductions, projected energy efficiency impacts, strategies for measuring impacts, and legislative proposals that would affect support for energy efficiency programs.
- Methane Hydrates: Energy Prospect or Natural Hazard?
- No Description Available.
- OPEC Oil Production - Facts and Figures
- In light of 1999's oil production cuts by the Organization of Petroleum Exporting Countries (OPEC) and several other non-OPEC members, the characteristics of the world's major oil producers are an important consideration for policymakers. These countries vary in importance as direct suppliers to the U.S. Their ability to add to current world supply varies as well.
- Electricity Restructuring and the Constitutionality of Retail Reciprocity Requirements
- Retail reciprocity requirements have been included in the electricity restructuring legislation of at least four states. These requirements mandate generally that out-of-state utilities which operate in a state “closed” to retail competition cannot market power to retail consumers in the “open” state. Because state reciprocity requirements enacted without congressional authorization are probably unconstitutional under the Commerce Clause of the U.S. Constitution, Congress would have to include a reciprocity provision in federal electricity restructuring legislation if it wants to support the view that such a provision will increase competition. This report reviews the treatment of state reciprocity requirements by the U.S. Supreme Court and discusses Congress’ power under the Commerce Clause.
- Fuel Ethanol: Background and Public Policy Issues
- In light of a changing regulatory environment, concern has arisen regarding the future prospects for ethanol as a motor fuel. Ethanol is produced from biomass (mainly corn) and is mixed with gasoline to produce cleaner-burning fuel called "gasohol" or "E10."
- Advanced Vehicle Technologies: Energy, Environment, and Development Issues
- This report provides an introduction to the research, development, and commercialization of alternative vehicle technologies, specifically electric vehicles, hybrid electric vehicles, and fuel cell vehicles. It provides a description of the technology, and discusses issues such as cost, maintenance and fueling infrastructure, and performance for each type of vehicle. The report also discusses current congressional action on issues affecting these vehicles, as well as actions by the Administration and state and local governments. It will be updated as events warrant.
- Transportation Fuel Taxes: Impacts of a Repeal or Moratorium
- Steep increases in the prices of gasoline, diesel, and other transportation fuels have prompted some Members of Congress to seek to ease the effects on households and businesses. Interest has focused on possible repeal or suspension of the levying of all or part of the federal excise taxes on those fuels. Current market conditions and the small amount of tax relief incorporated in most proposals, however, raise uncertainty as to whether prices to individuals and businesses would fall and whether any price decline would be meaningful to consumers. A reduction in transportation fuel taxes would result in a decrease in spending for transportation trust-fund-supported federal programs, unless Congress designated alternate sources of funding for these programs. As a result of the structure of the federal programs the effects of a fuel tax repeal on federal transportation programs would not necessarily be immediate, but depending on the length/scope of the repeal or suspension, they could be substantial.
- The Federal Excise Tax on Gasoline and the Highway Trust Fund: A Short History
- Excise taxes have long been a part of our country's revenue history. In the field of gasoline taxation, the states led the way with Oregon enacting the first tax on motor fuels in 1919. By 1932, all states and the District of Columbia had followed suit with tax rates that ranged between two and seven cents per gallon. The federal government first imposed its excise tax on gasoline at a one cent per gallon rate in 1932. The gas tax was enacted to correct a federal budgetary imbalance.
- Coping with High Oil Prices: A Summary of Options
- A near tripling in the price of crude oil from March 1999 to the first months of 2000, coupled with other developments, initially brought about sharp increases in the price of home heating oil and diesel fuel, which are essentially the same product. Gasoline prices then increased. These developments brought about discussion of what might be done to mitigate price increases and possible spot shortages, and what might be done to prevent a similar situation in the future.
- Outer Continental Shelf: Oil and Gas Leasing and Revenue
- The Outer Continental Shelf (OCS) was the source of $18 billion of oil and natural gas during 1998. This amounted to 25% of the nation's natural gas production and nearly 20% of the nation's crude oil. Nearly all of this output comes from the Central and Western Gulf of Mexico, where supporting infrastructure is already in place and there is little environmental opposition. Except for one sale in Alaska, no leases have been auctioned since 1991 in any other OCS region. The deep waters off Alabama, Louisiana, and Texas are the current focus of producer interest in the OCS.
- Electricity: The Road Toward Restructuring
- This report talks about Electricity regulation and transmission issues. It also includes the history of the California Electricity Crisis.
- Restructuring DOE and Its Laboratories: Issues in the 106th Congress
- A number of legislative proposals to restructure or eliminate the Department of Energy (DOE) and the DOE laboratories have been introduced since the end of the Cold War, especially since the beginning of the 104th Congress. This legislation has been introduced because of perceived major problems with DOE, including its overall mission. Sponsors state, for example, that about 85% of DOE's budget is for non-energy programs, even though the nation's dependency on foreign energy sources has increased since the establishment of the department. Also of concern is the department's failure to go far enough, in their view, in solving its long-term management problems, downsizing, and reducing budgets.
- Midwest Gasoline Prices: A Review of Recent Market Developments
- This report provides background information regarding the especially high gasoline prices in the upper Midwest during the late spring and early summer of 2000. While the Federal Trade Commission is investigating the possibility of collusion, several identifiable factors have contributed to this localized situation. Contributors to the higher prices appear to be problems at two pipelines supplying the area with gasoline, the use of ethanol-only reformulated gasoline in Chicago and Milwaukee, and the high price and low supply of crude oil. The crude oil situation has uniform nationwide impact. Wholesale prices in the Chicago spot market began to decline during the week of June 19 and have fallen by 40 cents per gallon at this writing. This report will be updated as events warrant
- Electricity Restructuring: Comparison of Comprehensive Bills
- Once considered the nation's most regulated industry, the electric utility industry is evolving into a more competitive environment. Currently, the focus of this development is the generating sector, where the advent of new generating technologies has lowered both entry barriers to competitors of traditional utilities and the marginal costs of those competitors below those of some traditional utilities. This technological advance has combined with legislative initiatives, such as the Energy Policy Act (EPACT), to encourage the introduction of competitive forces into the electric generating sector.
- Daylight Saving Time
- This report provides a brief history of the issues surrounding DST, an outline of the legislation that created and modified it, and a list of references to more discussions.
- Appropriations for FY2001: Energy and Water Development
- Appropriations are one part of a complex federal budget process that includes budget resolutions, appropriations (regular, supplemental, and continuing) bills, rescissions, and budget reconciliation bills. This report is a guide to one of the 13 regular appropriations bills that Congress passes each year. It is designed to supplement the information provided by the House and Senate Subcommittees on Energy and Water Development Appropriations.
- Renewable Energy: Tax Credit, Budget, and Electricity Restructuring Issues
- Renewable energy is derived from resources that are generally not depleted by human use, such as the sun, wind, and water movement. This report discusses various aspects of policy regarding renewable energy including tax credits and budget legislation.
- Restructuring DOE and Its Laboratories: Issues in the 106th Congress
- A number of legislative proposals to restructure or eliminate the Department of Energy (DOE) and the DOE laboratories have been introduced since the end of the Cold War, especially since the beginning of the 104th Congress. This legislation has been introduced because of perceived major problems with DOE, including its overall mission. Sponsors state, for example, that about 85% of DOE's budget is for non-energy programs, even though the nation's dependency on foreign energy sources has increased since the establishment of the department. Also of concern is the department's failure to go far enough, in their view, in solving its long-term management problems, downsizing, and reducing budgets.
- Appropriations for FY2001: Energy and Water Development
- Appropriations are one part of a complex federal budget process that includes budget resolutions, appropriations (regular, supplemental, and continuing) bills, rescissions, and budget reconciliation bills. This report is a guide to one of the 13 regular appropriations bills that Congress passes each year. It is designed to supplement the information provided by the House and Senate Subcommittees on Energy and Water Development Appropriations.
- Energy Tax Policy
- The Clinton Administration’s FY2001 budget proposes several tax subsidies for energy conservation and alternative fuels: 1) solar energy tax credits very similar to those that expired in 1985; 2) a new tax credit for the cost of a new home that would meet certain energy efficiency standards; 3) a tax credit for advanced energy-efficient equipment for space heating and cooling and hot water heaters; 4) more accelerated depreciation deductions for distributed power technologies, including small electrical generating systems (self-generated power), and for co-generation systems; 5) a new tax credit for the purchase of hybrid vehicles – cars, minivans, sport utility vehicles, and pickups – that run alternately on a consumable fuel (such as gasoline) and a rechargeable energy storage system (such as an electric battery); 6) extension of the present $4,000 tax credit for electric vehicles, which would otherwise terminate on 2004; and 7) a liberalization of the renewable electricity credit from such wind systems and closed-loop biomass systems.
- Energy Independence: Would It Free the United States From Oil Price Shocks?
- Over the past 25-years, the U.S. economy has experienced four large oil price shocks (1973-74, 1979-80, 1990-91, and 1999-2000). Each has been a catalyst for discussions about a proper national energy policy. Many analysts have suggested that energy independence should be an integral part of such a policy. Both major party candidates for president in the 2000 election expressed similar views. However, U.S. suppliers of energy participate in the world energy market. So long as prices are determined in that market, energy independence will not free the United States from oil price shocks.
- Appropriations for FY2001: Energy and Water Development
- This report discusses the Energy and Water Development appropriations bill, which includes funding for civil projects of the Army Corps of Engineers, the Department of the Interior's Bureau of Reclamation (BuRec), most of the Department of Energy (DOE), and a number of independent agencies.
- Alternative Transportation Fuels and Vehicles: Energy, Environment, and Development Issues
- This report reviews several issues relating to alternative fuels and vehicles, mainly to combat dependence on petroleum imports and reduce greenhouse gas emissions. The report discusses the advantages and drawbacks of various alternative fuels and vehicles, as well as related legislation.
- Department of Energy Research and Development Budget for FY2001: Description and Analysis
- This report focuses on the R&D programs. It divides the programs into four categories: energy resources R&D, science, national security R&D, and environmental management R&D. Those categories, which approximate the way DOE has divided up its programs, are set up to keep similar research activities together.1 This arrangement is somewhat different from the way the R&D budget is approached by the congressional appropriations committees. This report gives a description of the programs within each category including their research objectives and the activities where significant budget changes were requested for FY2001. It then describes the request and congressional actions on the request.
- Electricity Restructuring: The Implications for Air Quality
- In the context of federal and state proposals to restructure the electric utility industry, this paper analyzes forces and policies affecting utility generation that may have consequences for emissions of air pollutants and of greenhouse gases. Key concerns are potential increases in nitrogen oxide emissions, raising questions about the effectiveness of the Clean Air Act to regulate a restructured industry, and in carbon dioxide emissions, which are not currently regulated but could be if the U.S. ratifies the Kyoto Agreement. These issues may be raised in the context of electricity restructuring legislation. For ongoing legislative activities, see CRS Issue Brief IB10006, Electricity: The Road Toward Restructuring.
- Renewable Energy: Tax Credit, Budget, and Electricity Restructuring Issues
- Renewable energy is derived from resources that are generally not depleted by human use, such as the sun, wind, and water movement. This report discusses various aspects of policy regarding renewable energy including tax credits and budget legislation.
- Authority of the Federal Energy Regulatory Commission to Fix Electricity Rates and Charges and to Require Refund Payments by a Public Utility
- Sections 205 and 206 of the Federal Power Act concern rates and charges collected by a public utility in transmitting or selling electric energy in interstate commerce. These rates and charges are required to be just and reasonable. States retain jurisdiction over facilities for generation, distribution, or transmission of electric energy in intrastate commerce. The Commission has the authority to determine that an existing rate is unjust or unreasonable and set a new rate. In certain situations Federal Energy Regulatory Commission (FERC) may have authority to refund amounts paid in excess of just and reasonable rates. Case law is useful in determining when such a situation may exist.
- Strategic Petroleum Reserve
- No Description Available.
- Rising Oil Prices: What Dangers Do They Pose for the Economy?
- No Description Available.
- U.S. Home Heating Oil Price and Supply During Winter 2000-2001: Policy Options
- No Description Available.
- Diesel Fuel and Engines: An Analysis of EPA's New Regulations
- This report reviews the final regulations on diesel fuel and diesel engine emissions signed by Environmental Protection Agency Administrator Carol Browner December 21, 2000 and promulgated January 18, 2001. This report examines the rule’s potential impacts on fuel supply, summarizes the issues related to pollution controls, discusses potential impacts on the economy, and discusses issues raised by the timing and implementation schedule of the proposed rule.
- Nuclear Energy Policy
- No Description Available.
- Sport Utility Vehicles, Mini-Vans and Light Trucks: An Overview of Fuel Economy and Emissions Standards
- Most sport utility vehicles, mini-vans, and pickups are classified as "light trucks" and thus are regulated less stringently than passenger cars under two major laws--the Energy Policy and Conservation Act for fuel economy standards, and the Clean Air Act for emissions standards.
- Natural Gas Prices: Overview of Market Factors and Policy Options
- No Description Available.
- Renewable Energy: Tax Credit, Budget, and Electricity Restructuring Issues
- Energy security, a major driver of federal energy efficiency programs in the past, came back into play as oil and gas prices rose late in the year 2000. Also, the electricity shortages in California have brought a new emphasis to the role that renewable energy may play in electricity supply.
- Pipeline Safety: Federal Program and Reauthorization Issues
- The 107th Congress is considering legislation that would amend federal pipeline safety law, which directs the U.S. Secretary of Transportation to regulate pipeline transportation and storage of natural gases and hazardous liquids. Those bills also would authorize funding for the Office of Pipeline Safety (OPS) of the U.S. Department of Transportation (DOT), which is charged with implementing federal pipeline safety law. Among the topics discussed as part of the process of reauthorizing the OPS program are: state versus federal roles in pipeline safety, increased community involvement, funding amounts to support OPS, and new regulatory directives and authorities intended to improve the OPS program and associated state activities. S. 235, as amended, the "Pipeline Safety Improvement Act of 2001," passed the Senate on February 8, 2001. This report will be updated as necessary.
- Air Quality and Electricity: Initiatives to Increase Pollution Controls
- This report discusses air quality initiatives (such as the Ozone Transport Rule) that primarily focus on reducing and enforcing emissions from coal-fired electric generating utilities in the Midwest and South.
- The Clean Coal Technology Program: Current Prospects
- The Clean Coal Technology (CCT) program, started in the 1980's and funded generously in the early 1990's, has completed most of its surviving projects and has not funded any new ones since 1994. However, President Bush’s FY2002 budget outline proposed spending $2 billion over 10 years on a restructured CCT program. It is not clear what kind of projects would be included in the new program.
- Magnetic Fusion: The DOE Fusion Energy Sciences Program
- For over 45 years, the United States has been trying to tame the energy source of the hydrogen bomb to produce electricity. Harnessing fusion, the nuclear reaction that powers the sun, requires confining and heating deuterium and tritium nuclei so that they will produce sustained, controlled nuclear energy. One path, called magnetic fusion energy (MFE), is to use very strong magnetic fields to confine a deuterium and tritium plasma while heating it to fusion temperatures.
- The Low-Income Home Energy Assistance Program: How are State Allotments Determined?
- This report discusses the Low-Income Home Energy Assistance Program (LIHEAP), which is a block grant program under which the federal government provides states annual grants to operate multi-component home energy assistance programs for needy households.
- The Low-Income Home Energy Assistance Program (LIHEAP)
- This report provides background on the Low-Income Home Energy Assistance program (LIHEAP), originally established in 1981 by Title XXVI of P.L. 97-35 and reauthorized several times. It is a block grant program under which the federal government gives states, the District of Columbia, U.S. territories and commonwealths, and Indian tribal organizations (referred to as grantees) annual grants to operate multi-component home energy assistance programs for needy households.
- Energy Costs and Agriculture
- U.S. agriculture is not an especially energy-intensive industry, but energy does account for about 6% of farm production costs. Additionally, farming is a highly mechanized industry and requires timely energy supplies at particular stages of the production cycle in order to achieve optimum yields. A substantial part of energy use by agriculture is indirect —embodied in the chemicals applied and machinery used on farms.
- Diesel Fuel and Engines: An Analysis of EPA's New Regulations
- This report reviews the final regulations on diesel fuel and diesel engine emissions signed by Environmental Protection Agency Administrator Carol Browner December 21, 2000 and promulgated January 18, 2001. This report examines the rule’s potential impacts on fuel supply, summarizes the issues related to pollution controls, discusses potential impacts on the economy, and discusses issues raised by the timing and implementation schedule of the proposed rule.
- MTBE in Gasoline: Clean Air and Drinking Water Issues
- No Description Available.
- Federal Agency Involvement in Reviewing Mergers and Acquisitions of Electric Utilities
- This report briefly examines federal statutes which set out the authority which various federal agencies may have in a proposed merger or acquisition of electric utilities.