S. 2940 would promote green energy production.

== Detailed Summary ==

<summary>
(Log in to editGreen Energy Production Act of 2008 - Requires the wikiSecretary of Energy to establish a green technology investment program to develop high-tech green research capabilities, promote green innovation and begreen energy investment, and increase scientific knowledge that may reveal the firstbasis for new or enhanced products, equipment, or processes in target areas.

Establishes in the Department of Energy the Green Technology Investment Corporation to allocate funds, provide grants, and carry out component programs for all phases of technology commercialization. Requires the Corporation to establish: (1) a detailed summarygreen development loan program for green technology investment; (2) a green markets grant program; (3) a green redevelopment, opportunity, and workforce grant program; (4) a green energy manufacturing loan program; (5) a green energy community pilot program; (6) a green energy institution of higher education pilot program; (7) a National Guard base green energy grant pilot program; (8) a green energy technology internship program; and (9) a green energy technology apprenticeship program.

Establishes in the bill!)Treasury the Green Technology Investment Fund to provide grants, loans, and assistance under this Act.

Requires the Secretary of Energy to establish an energy efficiency grant program.

Sets forth provisions concerning: (1) a project's eligibility for grants, loans, and assistance; and (2) grant priorities.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 4/30/2008: Referred to edit the wikiSenate committee. Status: Read twice and be the firstreferred to update the status of the bill!)Committee on Energy and Natural Resources.
</status>

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== Points in Favor ==

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== Points Against ==

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