42 U.S.C. § 13553 — Energy 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
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.
The Secretary* shall contract with the National Academy of Sciences to conduct a study of energy subsidies that—
are in effect on October 24, 1992; or
have been in effect prior to October 24, 1992.
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.
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.
The study shall examine—
fuel and technology choices that are—
available on October 24, 1992; or
reasonably foreseeable on October 24, 1992;
production subsidies for the extraction of raw materials;
subsidies encouraging investment in large capital projects;
indemnification;
fuel cycle subsidies, including waste disposal;
government research and development support; and
other relevant incentives and disincentives.
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.)
- 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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