§13553 Energy subsidy study

Summary

The Secretary must hire the National Academy of Sciences to do a study of energy subsidies that were in effect on October 24, 1992, or that existed before that date. The study must find and measure both direct and indirect subsidies and other laws or rules that affect market choices about fuels and energy technologies. It must look at fuel and technology options that were available or predictable on October 24, 1992, plus production subsidies for raw materials, support for big capital projects, indemnification, fuel-cycle costs including waste disposal, government research funding, and other incentives or disincentives. The Secretary must send the study and any suggested laws to Congress within 18 months after October 24, 1992. Up to $500,000 is authorized for each of fiscal years 1993 and 1994 to pay for the work.