Energy Independence Authority Act of 1975: Hearings Before the Committee on Banking, Housing and Urban Affairs, United States Senate, Ninety-fourth Congress, Second Session, on S. 2532 .... |
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acre feet additional agency bill billion Board budget CANFIELD capacity capital CHAIRMAN coal commercial Committee companies Congress construction consumption cost demand Directors dollars domestic energy economic efficiency electric energy electric utility embargo energy conservation energy development Energy Independence Authority energy industry energy production energy sources environmental ERDA estimates Federal Energy Federal Energy Administration Federal Government financial assistance Frank Zarb funds gasification going growth important increase interest investment Jacksonville legislation loan guarantees ment Missouri River natural gas nuclear plants OECD oil shale OPEC operation percent planning potential private sector problems Project Independence proposed reduce regulatory Report reserves River Senator STEVENSON solar energy South Dakota statement supply synthetic fuels technologies tion United United States Code Upper Missouri Vice President ROCKEFELLER Wyoming Zarb
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Page 95 - Those, who are strongly wedded to what I shall call "the classical theory", will fluctuate, I expect, between a belief that I am quite wrong and a belief that I am saying nothing new.
Page 104 - trustees not of civilization but of the possibility of civilization." And they would have all, I believe, signed on to the dictum that appears on the first page of the Preface to all the editions of Mill's Principles: "Except on matters of mere detail, there are perhaps no practical questions, even among those which approach nearest to the character of purely economical...
Page 139 - Corporation pertaining to its financial transactions and necessary to facilitate the audit, and they shall be afforded full facilities for verifying transactions with the balances or securities held by depositaries, fiscal agents, and custodians.
Page 404 - The more or less unfettered expansion of federal credit programs and the accompanying deluge of agency direct and guaranteed securities to be financed in the credit markets has undoubtedly permitted Congress and the Administration to claim that wonder of wonders — something for nothing, or almost nothing. But as with all such sleight-of-hand feats, the truth is somewhat different.
Page 98 - ... the pace of industrialization among those catching up, and the strains of the energy crisis will persist. Given these powerful and sustained demands operating on food, energy, and raw material prices and the costs we shall have to incur to achieve and maintain clean air and water, I believe we are in for a long period when the prices of these basic inputs to the economy will remain relatively high.
Page 103 - China is similarly constricted and at a stage of development when its inner problems and border anxieties must dominate its energies. Leadership in this context in no way implies dominance. It requires a mixture of three elements : a national capacity to act significantly with respect to the major issues ; a capacity to define common objectives in ways that are not excessively self-serving ; and, then, the capacity to help translate those objectives into a working agenda, and to help move it forward...
Page 151 - ... and provide for its domestic allocation. Clearly, the oil monopolies have no incentive to deal effectively with OPEC. Obviously they are concerned mainly with their own well-being rather than with the national interest. 2. Establish a multi-billion dollar National Energy Authority that would provide direct loans, loan guarantees and other financial assistance to private Industry and public bodies that are unable to secure capital for the development of new and additional energy sources and for...
Page 98 - Kondratieff i*>rspective would suggest, this is the fifth time in the last two hundred years that such a shift in relative prices has occurred : and on each of the other four occasions it has been accompanied by exactly the manifestations we have experienced since 1972.
Page 137 - A business-type budget for the fund shall be prepared, transmitted to the Congress, considered, and enacted in the manner prescribed by law (sections 102, 103, and 104 of the Government Corporation Control Act, 31 USC 847-849) for wholly owned Government Corporations.
Page 98 - I am not wedded to the notion that these cycles will continue into the future. But I would guess that the inexorable pressure of excessive population increase in the developing world ; the tendency of the poor to spend increases in income disproportionately on food ; the rising demand for grain-expensive proteins ; the pace of industrialization among those catching up ; and the strains of the energy crisis will persist.