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EMD-76-10 1 (1976-08-24)

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REPORT TO THE CONGRESS


BY THE COMPTROLLER GENERAL

OF THE UNITED STATES


An Evaluation Of Proposed

Federal Assistance For

Financing Commercialization Of

Emerging Energy Technologies

Multiagency

In March 1976 GAO said that the Congress
needed better information before approving
the administration's proposed multibillion
dollar Federal loan guarantee program for
synthetic fuel plants.

This report analyzes the pros and cons for
commercializing synthetic fuels and other
emerging energy technologies by responding
to the following questions:

    --What can Government do to accelerate
    development of synthetic fuels?

    --Can more energy be produced at less
    cost by stimulating the development of
    other new energy technologies?

    --Is conservation a more cost-effective
    alternative to Federal incentives?

    --Which types of Federal financial incen-
    tives are best in specific situations?


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