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Prepared Statement of Dr. Richard M. Dowd, Principal Analyst, Natural Resources and Commerce Division, Congressional Budget Office, before the Subcommittee on Energy Research and Natural Resources, Committee on Energy and Natural Resources, United States Senate, Washington, D.C. 1 (April 1977)

handle is hein.congrec/cbo8773 and id is 1 raw text is: PREPARED STATEMENT OF DR. RICHARD M. DOWD PRINCIPAL ANALYST NATURAL RESOURCES AND COMMERCE DIVISION CONGRESSIONAL BUDGET OFFICE BEFORE THE SUBCOMMITTEE ON ENERGY RESEARCH AND NATURAL RESOURCES COMMITTEE ON ENERGY AND NATURAL RESOURCES UNITED STATES SENATE WASHINGTON, D.C. 1 APRIL, 1977 Mr. Chairman, I appreciate the opportunity to testify on the subject of the relationship between of oil shale technology and issues raised in demonstration and commercialization programs. Late in 1976 the Congressional Budget Office (CBO) performed an analysis of energy research, development, demonstration, and commercialization . That analyis is summarized in a CBO Budget Issue Paper entitled Energy Research, Development, Demonstration and Commercialization. It is the mission of the CBO to provide nonpartisan analysis of policy and budgetary issaues before the Congress. Our paper is intended to fulfill this mission with respect to these particular aspects of the general issue of energy. The case of oil shale technology is not the only opportunity for the federal government to address the questions of demonstration of new energy technologies, or of enhancing commercial implementa- tion. For instance, in passing the federal Non-nuclear Energy Research and Development Act of 1974, the Congress declared that the purpose of the Act was ...to establish and vigorously conduct a comprehensive, national program of basic and applied research and development, including ...demonstrations of practical applications...

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