Page:United States Statutes at Large Volume 106 Part 4.djvu/393

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PUBLIC LAW 102-486—OCT. 24, 1992 106 STAT. 3129 (b) REPORT.—The Secretary, no later than 12 months after the date of the enactment of this Act, shall transmit the study required in this section to the Committee on Energy and Commerce of the House of Representatives and the Committee on Energy and Natural Resources of the Senate. (c) PILOT PROGRAM. —The Secretary shall conduct a pilot program, commencing not later than 30 days after the transmission of the study required in subsection (b), to educate such governmental entities, consumer cooperatives, or other organizations on the prudent and cost-effective use of energy futures and options contracts to increase their protection against unanticipated surges in the price of fuel and thereby increase the efficiency of their fuel purchase or assistance programs. (d) AUTHORIZATION.—There are authorized to be appropriated such simis as may be necessary to carry out this section. SEC. 3015. ENERGY SUBSIDY STUDY. 42 USC 13553. (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 the date of the enactment of this Act; or (2) have been in effect prior to the date of the enactment of this Act. (b) REPORT TO CONGRESS. —Not later than 18 months after the date of the enactment of this Act, the Secretary shall transmit to the Congress, the results of such study to be accompanied by recommendations for legislation, if any. (c) CONTENTS. — (1) IN GENERAL. —The study shall identify and qviantify 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 the date of the enactment of this Act; or (ii) reasonably foreseeable on the date of the enactment of this Act; (B) production subsidies for the extraction of raw materials; (C) subsidies encouraging investment in large capital projects; (D) indemnification; (E) fuel cycle subsiches, including waste disposal; (F) government research and development support; and (G) other relevant incentives and disincentives. (d) AUTHORIZATION OF APPROPRLVTIONS. —There are authorized to be appropriated to carry out this section $500,000 for each of the fiscal years 1993 and 1994. SEC. 3016. TAR SANDS. 42 USC 13554. (a) POLICY.—It is the policy of the United States to promote the development and production, by all means consistent with sound engineering, economic, and environmental practices, of deposits of tar sands.