Page:United States Statutes at Large Volume 88 Part 1.djvu/1123

 88 STAT. ]

PUBLIC LAW 93-410-SEPT. 3, 1974

1079

sums so appropriated shall be available (1) to carry out the functions vested in the Secretary of Housing and Urban Development by this Act, and (2) for transfer to the Department of Defense, the National Bureau of Standards, and the General Services Administration to enable them to carry out their respective functions under this Act. (c) There is hereby authorized to be appropriated for the fiscal years ending June 30, 1976, 1977, 1978, and 1979, $50,000,000 in the aggregate to carry out the programs established by this Act. Approved September 3, 1974. Public Law 93-410 AN ACT

September s, 1974 FH R 149201

To further the conduct of research, development, and demonstrations in geothermal energy technologies, to establish a Geothermal Energy Coordination and Management Project, to provide for the carrying out of research and development in geothermal energy technology, to carry out a program of demonstrations in technologies for the utilization of geothermal resources, to establish a loan guaranty program for the financing of geothermal energjdevelopment, and for other purposes.

Be it enacted by the Senate and House of Representatives United States of America in Congress assembled. /

J

LJ

!

i—

of the

'

CTTQTjfT' T'TT'T V

1. This Act may be cited as the "Geothermal Energy Research, Development, and Demonstration Act of 1974". SECTION

„ Geothermal Energy R e s e a r c h, Development, and Demonstration Act of 1974. 30 USC 1101

FINDINGS

SEC. 2. The Congress hereby finds that— (1) the Nation is currently suffering a critical shortage of environmentally acceptable forms of energy; (2) the inadequate organizational structures and levels of funding for energy research have limited the Nation's current and future options for meeting energy needs; (3) electric energy is a clean and convenient form of energy at the location of its use and is the only practicable form of energy in some modern applications, but the demand for electric energy in every region of the United States is taxing all of the alternative energy sources presently available and is projected to increase; some of the sources available for electric power generation are already in short supply, and the development and use of other sources presently involve undesirable environmental impacts; (4) the Nation's critical energy problems can be solved only if a national commitment is made to dedicate the necessary financial resources, and enlist the cooperation of the private and public sectors, in developing geothermal resources and other nonconventional sources of energy; (5) the conventional geothermal resources which are presently being used have limited total potential; but geothermal resources which are different from those presently being used, and which have extremely large energy content, are known to exist; (6) some geothermal resources contain energy in forms other than heat; examples are methane and extremely high pressures available upon release as kinetic energy; (7) some geothermal resources contain valuable byproducts such as potable water and mineral compounds which should be processed and recovered as national resources;

30 USC 11 oi,

�