Directs the National Energy Technology Laboratory to: (1) implement long-term research programs into new natural gas and other petroleum exploration and production technologies and environmental mitigation technologies for production from unconventional and ultra-deepwater resources, including methane hydrates; and (2) conduct a research, development, and demonstration program of new technologies for the reduction of greenhouse gas emissions from unconventional and ultra-deepwater natural gas, or other petroleum exploration and production activities, including sub-sea floor carbon sequestration technologies.
Directs the Secretary to establish an Advisory Committee to advise on selection of an organization to create the Research Organization. Prescribes a selection procedure.
Requires the Research Organization to award research, development, and demonstration grants according to specified requirements.
Establishes in the Treasury the Ultra-Deepwater and Unconventional Gas Research Fund funded with Federal appropriations which shall be considered loans from the Treasury.
Introduced in House
Introduced in House
Referred to the Committee on Science, and in addition to the Committee on Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Science, and in addition to the Committee on Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Science, and in addition to the Committee on Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Energy.
Referred to the Subcommittee on Energy and Mineral Resources.
Executive Comment Requested from Interior.
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