To amend the Internal Revenue Code of 1986 to provide an investment credit for electric generation facilities with climate neutral combustion.
Climate Neutral Electricity Generation Act of 2007 - Amends the Internal Revenue Code to allow a tax credit for investment in a climate neutral combustion facility. Defines "climate neutral combustion facility" as any facility which: (1) burns matter to produce electricity; (2) captures and uses carbon dioxide released during combustion to recover hydrocarbon fuel; and (3) produces no emissions of mercury or greenhouse gasses and no emissions that form fine particulate, smog, or acid rain
Referred to the Subcommittee on Energy and Environment.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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