Page:United States Statutes at Large Volume 106 Part 4.djvu/264

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106 STAT. 3000 PUBLIC LAW 102-486—OCT. 24, 1992 energy strategy prepared by the Secretary. In developing the leastcost energy strategy, the Secretary shall take into consideration the economic, energy, social, environmental, and competitive costs and benefits, including costs and benefits for jobs, of his choices. Such strategy shall also take into account the report required under section 1601 and relevant Federal, State, and local requirements. Such strategy shall be designed to achieve to the maximum extent practicable and at least-cost to the Nation— (1) the energy production, utilization, and energy conservation priorities of subsection (d); (2) the stabilization and eventual reduction in the generation of greenhouse gases; (3) an increase in the efficiency of the Nation's total energy use by 30 percent over 1988 levels by the year 2010; (4) an increase in the percentage of energy derived from renewable resources by 75 percent over 1988 levels by the year 2005; and (5) a reduction in the Nation's oil consumption from the 1990 level of approximately 40 percent of total energy use to 35 percent by the year 2005. (b) ADDITIONAL CONTENTS. — The least-cost energy strategy shall also include— (1) a comprehensive inventory of available energy and energy efficiency resources and their projected costs, taking into account all costs of production, transportation, distribution, and utilization of such resources, including— (A) coal, clean coal technologies, coal seam methane, and underground coal gasification; (B) energy efficiency, including existing technologies for increased efficiency in production, transportation, distribution, and utilization of energy, and other technologies that are anticipated to be available through further research and development; and (C) other energy resources, such as renewable energy, solar energy, nuclear fission, fusion, geothermal, biomass, fuel cells, hydropower, and natural gas; (2) a proposed two-year progremi for ensuring adequate supplies of the energy and energy efficiency resources and technologies described in paragraph (1), and an identification of administrative actions that can be undertaken within existing Federal authority to ensure their adequate supply; (3) estimates of life-cycle costs for existing energy production facilities; (4) basecase forecasts of short-term and long-term national energy needs under low and high case assumptions of economic growth; and (5) an identification of all applicable Federal authorities needed to achieve the purposes of this section, and of any inadequacies in those authorities. (c) SECRETARIAL CONSIDERATION.— In developing the least-cost energy strategy, the Secretary shall give full consideration to— (1) the relative costs of each energy and energy efficiency resource based upon a comparison of all direct and quantifiable net costs for the resource over its available life, including the cost of production, transportation, distribution, utilization, waste management, environmental compliance, and, in the case