Engineering Implications of Chronic Materials Scarcity: Proceedings of an Engineering Foundation Conference

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U.S. Congress, Office of Technology Assessment, 1977 - Environmental policy - 320 pages
 

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Page 99 - IRS by the Permanent Subcommittee on Investigations of the Senate Committee on Government Operations. At that time, in the wake of civil disruptions and demonstrations by "extremist" organizations, the Subcommittee raised questions concerning the financial resources available to these organizations.
Page 8 - Survey and the classification of the public lands and examination of the geological structure, mineral resources, and products of the national domain.
Page 81 - Assessment activities undertaken by the Office may be initiated upon the request of: 1. the chairman of any standing, special, or select committee of either House of the Congress, or of any joint committee of the Congress, acting for himself or at the request of the ranking minority member or a majority of the committee members; 2. the Board; or 3. the Director, in consultation with the Board.
Page 104 - Japan +5.2 drastic. Between the fourth quarter of 1973 and the first quarter of 1975, investment in inventories shifted from accumulating at an annual rate of $24.4 billion to being liquidated at an annual rate of $19.0 billion. Industrial production, which had been artificially sustained by the surge of orders resulting from the inventory buildup, dropped precipitously, from an index value of 125.6 in August 1974. (1967 = 100) to 109.9 only 6 months later.
Page 92 - ... it is of great importance that estimates of the benefits and costs — including direct market impacts, as well as other, less direct impacts — be considered and estimated to the extent possible. The assessment addresses the following questions: • Should the United States consider establishing an economic stockpile? . What possible economic stockpiling policies might be established? . What possible impacts might result from implementing these policies? • What are the alternatives to an...
Page 95 - Participation in Multinational or International Economic Stockpile An economic stockpile operated by two or more nations, either multinational or international in nature, could be formed along such existing political or organizational lines as the Organization of American States (OAS) , the European Economic Community (Common Market), the United Nations, or just with friendly nations having materials requirements similar to those of the United States.
Page 93 - Model was used to estimate the economic impacts of Implementing five selected stockpiling policies. These estimates indicate that some policies will have positive economic net benefits and some will have negative economic net benefits. It should be emphasized that the estimates apply only to the specific materials examined and within the scenario assumptions described, and should therefore not be taken to indicate that precise quantities of specific materials should or should not be stockpiled. Nevertheless,...
Page 96 - Germany have not implemented them because of serious concern regarding their impact on domestic and world market systems. An international code of operations might help reduce this concern, as well as develop effective mechanisms for alleviating US supply problems without increasing the world shortage.
Page 92 - ... essential resources." ASSESSMENT SCOPE Economic stockpiling is defined in the assessment as the accumulation and storage of materials for the express intention of being able to effect their distribution to accomplish public purposes other than the wartime emergency conditions stipulated in the strategic stockpile. An economic stockpile is similar to insurance in that acquisition and holding costs are paid in anticipation of reducing the costs of possible future problems. A decision to establish...
Page 202 - Director of the Office of Science and Technology Policy in the Executive Office of the President and to serve as Science and Technology Adviser to the President.

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