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Tax Policy and Administration: An Evaluation of the National Energy Plan

  Premium   Download PDF Now (186 pages)
Report Type Reports and Testimonies
Report Date July 25, 1977
Report No. EMD-77-48
Subject
Summary:

The President's National Energy Plan combines proposed legislative, administrative, and budgetary actions aimed at solving the Nation's energy problems. This plan is an important first step toward developing a national energy policy.

Prompt passage of effective legislation is essential if the country is to deal with energy problems in the remainder of this century. The plan proposed by the administration is not designed to achieve many of the stated goals without unspecified voluntary actions or, if necessary, further mandatory conservation actions. The plan will probably fall short of meeting some of the goals, such as reduction of oil imports, to an even greater extent than the administration estimates. Projections for coal production and nuclear energy levels to be achieved by 1985 appear to be unrealistic.

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