Bush's expected proposals
Highlights of what is expected to be in President George W. Bush's energy task force report to be released Thursday:
Production
Ease restrictions on oil and gas development on public lands.
Lift drilling ban in the Arctic National Wildlife Refuge in Alaska.
Ease permitting of refinery expansion and construction.
Speed up license procedures for hydroelectric dams.
Power plants
Streamline approval process for siting of power plants.
Allow the federal taking of property through eminent domain for power lines.
Create tax breaks for developing clean coal technologies.
Ease regulatory barriers, including clean air rules to make plants more efficient.
Nuclear energy
Streamline regulations to speed re-licensing of reactors and licensing of new plants.
Speed up process to ensure disposal of nuclear waste.
Create tax breaks for purchase of nuclear plants.
Reauthorize law that limits industry liability from a nuclear accident.
Renewable energy
Create tax credits to encourage development of energy plants that use organic waste, or biomass.
Continue tax credits for wind energy generation.
Create a tax credit of 15 percent for the purchase of solar panels.
Conservation
Create a tax credit for the purchase of high-mileage, hybrid gas-electric vehicles.
Give tax benefits and regulatory relief for co-generation plants that produce heat and electricity
Expand the federal Energy Star program to include not only businesses but also schools, houses and hospitals.
Other
Review policy of economic sanctions with Iran to foster energy development.
Spur U.S. participation in Caspian Sea oil and gas development.
Urge states to end requirement for "boutique" gasoline blends that the industry says contributes to supply shortages and price spikes.
Source: The Associated Press
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