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42 U.S.C. § 13553Energy subsidy study

submitted 34 years ago by Pub. L. 102-486 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 206 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary of Energy had to hire the National Academy of Sciences to study government subsidies for energy, both current and past, and identify how they affect market choices about fuels and technologies. The Secretary had to send Congress the results, with any legislative recommendations, within 18 months. Congress authorized $500,000 for each of fiscal years 1993 and 1994.

(a) In general: The Secretary had to contract with the National Academy of Sciences to study energy subsidies that (1) were in effect on October 24, 1992, or (2) had been in effect before that date. (b) Report to Congress: Within 18 months of October 24, 1992, the Secretary had to send Congress the study's results, along with any recommended legislation. (c) Contents: (1) The study had to identify and measure the direct and indirect subsidies, and other legal and institutional factors, that shape marketplace decisions about fuels and energy technologies. (2) The study had to examine: (A) fuel and technology choices available or reasonably foreseeable as of October 24, 1992; (B) subsidies for extracting raw materials; (C) subsidies that encourage big capital investments; (D) indemnification; (E) fuel-cycle subsidies, including waste disposal; (F) government research and development support; and (G) other relevant incentives and disincentives. (d) Authorization of appropriations: Congress authorized $500,000 for each of fiscal years 1993 and 1994 to carry out this section.
the actual law source: uscode.house.gov ↗public domain
(a) In general

The Secretary shall contract with the National Academy of Sciences to conduct a study of energy subsidies that—

(1)

are in effect on October 24, 1992; or

(2)

have been in effect prior to October 24, 1992.

(b) Report to Congress

Not later than 18 months after October 24, 1992, the Secretary shall transmit to the Congress,1 the results of such study to be accompanied by recommendations for legislation, if any.

(c) Contents
(1) In general

The study shall identify and quantify the direct and indirect subsidies and other legal and institutional factors that influence decisions in the marketplace concerning fuels and energy technologies.

(2) Topics for examination

The study shall examine—

(A)

fuel and technology choices that are—

(i)

available on October 24, 1992; or

(ii)

reasonably foreseeable on October 24, 1992;

(B)

production subsidies for the extraction of raw materials;

(C)

subsidies encouraging investment in large capital projects;

(D)

indemnification;

(E)

fuel cycle subsidies, including waste disposal;

(F)

government research and development support; and

(G)

other relevant incentives and disincentives.

(d) Authorization of appropriations

There are authorized to be appropriated to carry out this section $500,000 for each of the fiscal years 1993 and 1994.

Source credit: (Pub. L. 102–486, title XXX, § 3015, Oct. 24, 1992, 106 Stat. 3129.)

history & why it existsrecord from the source credit
  • 1992Enacted · Pub. L. 102-486 · 106 Stat. 3129

A history note hasn’t been published yet. The record shows enactment by Pub. L. 102-486 on 1992-10-24.

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