Bill > S2089

This bill, the American Energy Innovation Act, aims to bolster the nation's energy sector by promoting clean energy investments, empowering consumers, modernizing infrastructure, reducing pollution and waste, and advancing research and development. Key provisions include enhancing consumer access to electricity data, investigating unfair trade practices in distributed generation, strengthening grid security through cybersecurity measures, and studying capacity markets. It also proposes programs for natural gas distribution system improvements, grid modernization and storage, advanced manufacturing, vehicle innovation, and carbon fiber recycling. Furthermore, the bill seeks to create jobs through energy-efficient manufacturing, develop a 21st-century energy workforce, support solar installations in underserved areas, promote geothermal energy, and invest in clean coal technology research. It also includes provisions for long-term energy contracts, community solar facilities, and a study on smart energy and water efficiency. The bill reauthorizes the Desalination Act, supports innovative water supply technologies, and aims to improve energy efficiency in buildings and through utility energy service contracts. Additionally, it establishes a pilot program for residential building energy efficiency upgrades, promotes regional energy partnerships, and launches an energy productivity innovation challenge. The bill also includes measures related to alternative fueled vehicles, outer continental shelf revenues, and regulations on venting and flaring of gas, along with a production incentive fee. Finally, it reauthorizes conservation programs like the National Park Service Centennial Fund and the Land and Water Conservation Fund, and amends tax codes to provide clean energy production and investment credits, clean fuel tax credits, and energy efficiency incentives, while also closing certain tax loopholes for major oil companies.