Energy Policy Act of 2005: Difference between revisions

| signedpresident = George W. Bush

[[File:2005 Energy Policy Act.jpg|thumb|George W. Bush signing the Energy Policy Act of 2005, which was designed to promote US nuclear reactor construction, through incentives and subsidies, including cost-overrun support up to a total of $2 billion for six new nuclear plants.<ref>{{cite web |url=https://www.theguardian.com/commentisfree/2013/nov/08/reviving-nuclear-power-debates-is-a-distraction-we-need-to-use-less-energy |title=Reviving nuclear power debates is a distraction. We need to use less energy |first=John |last=Quiggin |date=8 November 2013 |work=The Guardian }}</ref>]]

The '''Energy Policy Act of 2005''' ({{USPL|109|58}}) is a [[federal law]] signed by President George W. Bush on August 8, 2005, at [[Sandia National Laboratories]] in [[Albuquerque, New Mexico]].  The act, described by proponents as an attempt to combat growing energy problems, changed [[US energy policy]] by providing [[Energy subsidies#Allocation of subsidies in the United States|tax incentives]] and loan guarantees for energy production of various types. The most consequential aspect of the law was to greatly increase ethanol production <ref>{{Cite web|url=https://www.ag.ndsu.edu/energy/biofuels/energy-briefs/history-of-ethanol-production-and-policy|title = History of Ethanol Production and Policy — Energy}}</ref> to be blended with gasoline. The law also repealed the [[Public Utility Holding Company Act of 1935]], effective February 2006.<ref name="repeal" />