Concurrent resolution expressing the sense of the Congress with respect to the urgent need for research, development and demonstration of alternate sources of energy.

Expresses the sense of Congress with respect to the urgent need for research, development, and demonstration of alternate sources of energy. Provides for the establishment under the Energy Office of an Administration of a NASA-type organization to conduct such research. States that Congress will underwrite initial commercial and industrial applications of new or improved energy technologies by providing tax incentives or absorbing cost differentials between new systems and conventional sources.