S.Amdt. 5173

1. Adds TITLE __--BETTER ENERGY STRATEGY FOR TOMORROW wherever appropriate

   Adds a title

   Inserted: TITLE __--BETTER ENERGY STRATEGY FOR TOMORROW

   Inserted: SEC. _01. SHORT TITLE.

   Inserted: This title may be cited as the "Better Energy Strategy for Tomorrow Act of 2008" or the "BEST Act of 2008".

   Inserted: SEC. _02. DEFINITIONS.

   Inserted: In this title:

   Inserted: (1) Air pollutant.--The term "air pollutant" has the meaning given the term in section 302 of the Clean Air Act (42 U.S.C. 7602).

   Inserted: (2) Secretary.--The term "Secretary" means the Secretary of Energy.

   Inserted: SEC. _03. FEDERAL ENERGY POLICIES.

   Inserted: Not later than 90 days after the date of enactment of this Act and annually thereafter, the Secretary shall--

   Inserted: (1) conduct an analysis of all policies of the Federal Government (including mandates, subsidies, tariffs, and tax policy) that encourage, or have the potential to encourage, energy production in the United States; and

   Inserted: (2) submit to the Committee on Energy and Natural Resources of the Senate and the Committee on Energy and Commerce of the House of Representatives a report that contains recommendations for the adjustment of the policies described in paragraph (1) to reduce--

   Inserted: (A) the dependence of the United States on foreign sources of energy;

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   Inserted: (B) the quantity of air pollutants in the environment;

   Inserted: (C) greenhouse gas emissions; and

   Inserted: (D) the cost of energy.

   Inserted: SEC. _04. ENERGY SECURITY STRATEGY.

   Inserted: (a) In General.--Not later than 1 year after the date of enactment of this Act and every 4 years thereafter, the President shall develop an energy security strategy that proposes comprehensive and long-range energy policies for the United States to reduce--

   Inserted: (1) the dependence of the United States on foreign sources of energy;

   Inserted: (2) the quantity of air pollutants in the environment;

   Inserted: (3) greenhouse gas emissions; and

   Inserted: (4) the cost of energy.

   Inserted: (b) Report.--Not later than 1 year after the date of enactment of this Act and every 4 years year thereafter, the President shall submit to the Committee on Energy and Natural Resources of the Senate and the Committee on Energy and Commerce of the House of Representatives a report that describes the latest energy security strategy developed under subsection (a), including--

   Inserted: (1) an estimate of the domestic and foreign energy supplies needed to meet the projected energy demand of the United States consistent with the strategy developed under subsection (a); and

   Inserted: (2) a summary of research and development efforts funded by the Federal Government to achieve the strategy developed under subsection (a).

   Inserted: SEC. _05. ADMINISTRATION.

   Inserted: (a) Comments.--In preparing each report required under sections _03(2) and _04(b) (referred to in this section as "each report"), the Secretary and the President, respectively, shall seek the comments of State and local agencies and the private sector to ensure, to the maximum extent practicable, that the views and proposals of all segments of the economy are taken into account in preparing each report.

   Inserted: (b) Data and Analysis.--The Secretary and the President shall include in each report such data and analyses as are necessary to support the objectives, resource needs, and policy recommendations of each report.

   Inserted: (c) Review.--The Secretary and the President shall enter into an arrangement with the National Academy of Sciences under which the Academy shall--

   Inserted: (1) conduct a review of each report; and

   Inserted: (2) submit to the Committee on Energy and Natural Resources of the Senate, the Committee on Energy and Commerce of the House of Representatives, and the Secretary a report that describes the results of each review.

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   Original wording

   At the appropriate place, insert the following:

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As printed