To amend the Internal Revenue Code of 1986 to establish tax credits for climate neutral combustion technologies.

Amends the Internal Revenue Code to qualify resources used to produce climate neutral combustion for the tax credit for producing electricity from renewable resources. Defines "climate neutral combustion" as a combustion system for generating electricity which is fueled by biomass or fossil energy carriers, from which the released carbon dioxide is captured or stored, and from which there are no atmospheric emissions of mercury or greenhouse gases nor emissions that form fine particles, smog, or acid rain.