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R Gilyard-Beer, Department of the Environment Ancient Monuments and Historic BuildingsBiblio.com

United States Congress House of Representatives Committee on Science Subcommittee on Energy and EnvironmentBiblio.com

Funding Department of Energy Research and Development in a Constrained Budget Environment; Hearing Before the Subcommittee on Energy and Environment of the Committee on Science U.S. House of Representatives One Hundred Fourth Congress Second Session August 1 1996 No. 77

199661404Washington DC: U.S. Government Printing Office 1996. Presumed first edition and first printing. Wraps. Very good. iii 1 406 4 pages. Illustrations. Occasional footnotes. Tabular Data. No dust jacket as issued. Signed by one witness Roger A. Lewis at table of contents. Chairman Rohrabacher stated: Today we will look at the Department of Energy's efforts to obtain repayment for government-industry partnerships that result in commercialization of technology. We are faced with two undeniable realities: One is a shrinking Federal budget; And the other is a desire by many Members of Congress and the National Laboratories to continue these partnership programs. The combined funding for technology transfer in the Department of Energy budget for both civilian and defense programs has dropped from $264 million two years ago to $115 million today. The question is: are there innovative financing solutions <br /> that would benefit both the taxpayer-investor and the government-industry partnerships The question we must ask ourselves--shouldn't the taxpayers get their money back from a successful profit-making venture As we will hear today the DOE already has entered into <br /> numerous financing arrangements for technology partnerships. They include cost-sharing repayment royalty and licensing agreements. However the agreements seem to vary widely from program to program and from lab to lab. Is it now time to ensure--and I would imagine it is--that the taxpayer have some payback that the average investor of the United States is entitled to Mr. Rohrabacher. This hearing of the Energy and Environment Subcommittee will come to order. Today we will look at the Department of Energy's efforts to obtain repayment for government-industry partnerships that result in commercialization of technology. We are faced with two undeniable realities: One is a shrinking Federal budget; And the other is a desire by many Members of Congress and the National Laboratories to continue these partnership programs. The combined funding for technology transfer in the Department of Energy budget for both civilian and defense programs has dropped from $264 million two years ago to $115 million today. The question is: are there innovative financing solutions that would benefit both the taxpayer-investor and the government-industry partnerships The question we must ask ourselves--shouldn't the taxpayers get their money back from a successful profit-making venture As we will hear today the DOE already has entered into numerous financing arrangements for technology partnerships. They include cost-sharing repayment royalty and licensing agreements. However the agreements seem to vary widely from program to program and from lab to lab. Is it now time to ensure--and I would imagine it is--that the taxpayer have some payback that the average investor of the United States is entitled to This is not a new concept. We will hear today from former Deputy Secretary of Energy Henson Moore about his efforts to initiate an investor offset agreement designed at a minimum to recover the direct investment of funds by the Department of Energy. Unfortunately Mr. Moore left the Department before his plan went into effect and the program died. The General Accounting Office will present its report on current DOE cost-sharing and reimbursement programs and the DOE Inspector General will present its audit of perhaps the granddaddy of all cost-sharing efforts the Clean Coal Program. And let me say I especially appreciate the General Accounting Office who have done a terrific job for us in a number of areas and am looking forward to their testimony as well. This program has had some strong payback provisions which got mysteriously watered-down along the way--and I am still talking about the Clean Coal Program. We will also get to the DOE's response to these reports. Later we will get the views of three National Laboratories who are actively pursuing government-industry partnerships. This is a fact-finding hearing. U.S. Government Printing Office paperback

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