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095785 1 (1976-09-28)

handle is hein.gao/gaobadxre0001 and id is 1 raw text is: United States General Accounting Office Washington, D.C. 20548 FOR RELEASE ON DELIVERY Expected Tuesday morning September 28, 1976 Statement of Monte Canfield, Jr. Director, Energy and M1inerals Division Before the Subcommittee on Aerospace Technology and National Needs q( Committee on Aeronautical and Space Sciences United States Senate on ,Alternative Fuels for Aviation (H. R, 12112) Mr. Chairman and Members of the Committee: Our recent report, which was submitted to the Congress on August 2, 1976, presented our evaluation of proposed Federal assistance for financing. commercialization of emerging energy technologies. In addition, over the L past several months, we have testified before the House Committee on Science and Technology, Subcommittees of the Senate Committee on Banking, Housing, and Urban Affairs, House Committee on Banking, Currency and Housing; and House Committee on Interstate'and Foreign Commerce, on developing and commercializing energy technologies. In testimony before the House Committee on Science and Technology on August 30, 1976, we stated that our evaluation of (1) the status of feasible technologies which appear to have impediments to full commercialization and (2) the most appropriate incentives or other actions for encouraging their development led us to the position that pursuit of alternative technologies is C inextricably intertwined in overall national energy strategies, including strategies for-implementing energy conservation actions.

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