National Energy Act

1978 American legislation

The National Energy Act of 1978 (NEA78) was a legislative response by the U.S. Congress to the 1973 energy crisis. It includes the following statutes:

The legislative initiative was introduced by President Carter. The package was a major step in the legislation of the energy field, both the supply and the demand side. The package has soon been followed by Energy Security Act, 8 acts signed by president Carter in 1980.[1] This sequel package addressed energy conservation and development of renewable energy sources.

The NEA78 and the "security" package established a framework for:

  • Regulatory initiatives,
  • Market-based initiatives,
  • Energy efficiency programs,
  • Tax incentives and disincentives,
  • Energy conservation programs, and
  • Alternative fuel programs.

Most of the market-based mechanisms have been retained in some form to the present, whereas command and control items have been abandoned.[2]

The next major step in energy legislation in the USA was the Energy Policy Act of 1992.

References

  1. ^ History of Major Energy Policy Landmarks, The Pennsylvania State University 2015), retrieved 2015-12-14
  2. ^ Julia Richardson and Robert Nordhaus: The National Energy Act of 1978, Natural Resources & Environment, Vol. 10, No. 1 (Summer 1995), pp. 62-68, 87-88
  • v
  • t
  • e
Presidency
(timeline)
Foreign policy
Domestic policy
Economic policy
Energy policy
Environmental
policy


SpeechesElections
Gubernatorial
Presidential
Post-presidencyBooks
Awards
and honorsLegacyRelated
Family