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Title: Advanced automotive propulsion systems: incentive financing. Report to Congress, required by Section 310(b) of Public Law 95-238

Abstract

In the United States, the largest single demand for oil comes from the transportation sector, where internal-combustion highway vehicles require about 7.5 million barrels per day. In order to reduce this high demand, Congress has authorized an R and D program dealing with advanced automotive propulsion systems (AAPS). DOE is undertaking expanded research to develop and demonstrate advanced propulsion systems by 1983. The Secretary of Energy is to determine whether and under what conditions AAPS development could be aided by a Federal loan guarantee program and report his findings and recommendations to Congress within one year from the date of enactment. In making this determination, a survey and study were made to: analyze the use of various forms of Federal financial incentives, indluding loan guarantees, in relationship to the development stages of a new technology (Section 2); elicit comments and opinions on the AAPS state-of-the-art and the perceived usefulness of loan guarantees from members of the automotive industry, research organizations, and the financial community (Section 3); and formulate conclusions and recommendations for transmittal to Congress on the advisability of using loan guarantees to aid AAPS development (Section 4 and Section 5. From a technical development standpoint, it is apparent thatmore » AAPS's offer the potential of improved fuel economy, multifuel capability, and reduced exhaust emission.« less

Publication Date:
Research Org.:
Department of Energy, Washington, DC (USA)
OSTI Identifier:
6273354
Report Number(s):
DOE/CS-0076
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
33 ADVANCED PROPULSION SYSTEMS; 29 ENERGY PLANNING, POLICY AND ECONOMY; AAPS; RESEARCH PROGRAMS; AUTOMOBILE INDUSTRY; INTERNAL COMBUSTION ENGINES; CAPITAL; COMPLIANCE; DEMAND FACTORS; ENVIRONMENTAL EFFECTS; FEDERAL ASSISTANCE PROGRAMS; FINANCIAL INCENTIVES; FUEL ECONOMY; LAWS; PETROLEUM; ENERGY SOURCES; ENGINES; FOSSIL FUELS; FUELS; INDUSTRY; 330000* - Advanced Propulsion Systems; 291000 - Energy Planning & Policy- Conservation; 290500 - Energy Planning & Policy- Research, Development, Demonstration, & Commercialization

Citation Formats

Not Available. Advanced automotive propulsion systems: incentive financing. Report to Congress, required by Section 310(b) of Public Law 95-238. United States: N. p., 1979. Web.
Not Available. Advanced automotive propulsion systems: incentive financing. Report to Congress, required by Section 310(b) of Public Law 95-238. United States.
Not Available. Thu . "Advanced automotive propulsion systems: incentive financing. Report to Congress, required by Section 310(b) of Public Law 95-238". United States.
@article{osti_6273354,
title = {Advanced automotive propulsion systems: incentive financing. Report to Congress, required by Section 310(b) of Public Law 95-238},
author = {Not Available},
abstractNote = {In the United States, the largest single demand for oil comes from the transportation sector, where internal-combustion highway vehicles require about 7.5 million barrels per day. In order to reduce this high demand, Congress has authorized an R and D program dealing with advanced automotive propulsion systems (AAPS). DOE is undertaking expanded research to develop and demonstrate advanced propulsion systems by 1983. The Secretary of Energy is to determine whether and under what conditions AAPS development could be aided by a Federal loan guarantee program and report his findings and recommendations to Congress within one year from the date of enactment. In making this determination, a survey and study were made to: analyze the use of various forms of Federal financial incentives, indluding loan guarantees, in relationship to the development stages of a new technology (Section 2); elicit comments and opinions on the AAPS state-of-the-art and the perceived usefulness of loan guarantees from members of the automotive industry, research organizations, and the financial community (Section 3); and formulate conclusions and recommendations for transmittal to Congress on the advisability of using loan guarantees to aid AAPS development (Section 4 and Section 5. From a technical development standpoint, it is apparent that AAPS's offer the potential of improved fuel economy, multifuel capability, and reduced exhaust emission.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {1979},
month = {2}
}

Technical Report:
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