Energy Tax Provisions in the \Emergency Economic Stabilization Act of 2008\ October 1, 2008

Renewables ($9.8b)

• Productiontax credit
• Business& residential investment credits (solar, fuel cells, etc.)
• Biodieseland renewable diesel
• CleanRenewable Energy Bonds

Vehicles ($1b)

• Plug-invehicle credit
• Auxiliarypower units
• Alternativerefueling stations

Conservation/Efficiency ($3.5b)

• Efficientbuildings
• Smartmeters
• Efficientappliances
• ConservationBonds

Carbon Mitigation/Fuels ($2.6b)

• Cleancoal investment credits
• BlackLung restructuring
• CO₂sequestration credit
• Refineryexpensing

__________________________________________________

Offsets:

• FreezeSection 199 for all oil and gas activity ($4.9b)
• FUTAsurtax extension ($1.5b)
• FOGEI/FORI ($2.2b)
• BasisReporting ($6.7b)
• OilSpill Liability Trust Fund ($1.7b)