Climate Change Technology Deployment and Infrastructure Credit Act of 2005

The Climate Change Technology Deployment and Infrastructure Credit Act of 2005 (S. 887) aims to reduce the "greenhouse gas intensity" of the U.S. economy by accelerating the transition of clean energy research from laboratories to the private market. The bill would establish a national strategy and several new federal bodies, including a Climate Change Technology Program, to coordinate government efforts and set standards for measuring emissions reductions.

For citizens and businesses, the practical impact would be increased federal financial support for large-scale energy projects that utilize innovative, low-emission technologies. By providing government-backed credit and financial assistance, the bill seeks to lower the financial risk for private developers, potentially leading to more modern energy infrastructure and a broader range of cleaner energy options available to the public.