Loan Guarantee Provision, H. R. 3474, ERDA Authorization Bill, Fiscal Year 1976. Hearings before the Committee on Science and Technology, U. S. House of Representatives, Ninety-Fourth Congress, First Session

Book · Thu Jan 01 04:00:00 EST 1976

OSTI ID:7195800

Robert W. Fri, accompanied by other officials of ERDA, and Frank G. Zarb of the Federal Energy Administration were principal witnesses at hearings on the differences between H.R. 3474 provisions for loan guarantees to develop synthetic fuels and those passed by the Senate. Fri testified that between 35 and 40 companies are interested in a loan guarantee program because of the financial risks of new technology in developing one-of-a-kind oil shale, coal gasification, and coal liquefaction facilities. Discussion centered on the appropriate percentage of Federal guarantees, types of fuels to be developed, and the effects of conservation efforts on prices and demand. Zarb spoke of the Administration's desire to demonstrate a commercial capability in synthetic fuels by providing loans to encourage participation of the private sector. (DCK)

• Research Organization: U.S. House of Representatives, Committee on Science and Technology, Washington, DC
• OSTI ID: 7195800
• Country of Publication: United States
• Language: English

Related Subjects

01 COAL, LIGNITE, AND PEAT
017000 -- Coal
Lignite
& Peat-- Legislation & Regulations
04 OIL SHALES AND TAR SANDS
042000 -- Oil Shales & Tar Sands-- Legislation & Regulations
09 BIOMASS FUELS
090000 -- Biomass Fuels
29 ENERGY PLANNING, POLICY, AND ECONOMY
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
294001 -- Energy Planning & Policy-- Coal
294004 -- Energy Planning & Policy-- Oil Shales & Tar Sands
295000 -- Energy Planning & Policy-- Hydrogen & Synthetic Fuels
BITUMINOUS MATERIALS
CAPITAL
CARBONACEOUS MATERIALS
COAL
COAL GASIFICATION
COAL LIQUEFACTION
CONSTRUCTION
ENERGY SOURCES
FINANCING
FOSSIL FUELS
FUELS
GASIFICATION
HEARINGS
INDUSTRIAL PLANTS
INVESTMENT
LEGISLATION
LIQUEFACTION
NATIONAL ORGANIZATIONS
OIL SHALES
SYNTHETIC FUELS
US ERDA
US FEA
US ORGANIZATIONS