Office of Inspector General report on audit of Department of Energy`s activities designed to recover the taxpayers` investment in the Clean Coal Technology Program

PDF Version Also Available for Download.

Description

A detailed analysis of six Clean Coal projects revealed that recoupment decisions made by the Department limited its ability to recover the taxpayers` investment. These decisions exempted foreign sales, excluded some domestic sales on certain projects, and lowered the repayment rate on some sales. As a result, the Department may not recoup an estimated $133.7 million of the taxpayers` $151 million investment in these six projects and may limit its opportunity to recover future investments in other energy technology programs. An analysis and justification of recoupment decisions would help ensure that the Department is balancing overall program goals of the ... continued below

Physical Description

27 p.

Creation Information

Creator: Unknown. June 1, 1996.

Context

This report is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. More information about this report can be viewed below.

Who

People and organizations associated with either the creation of this report or its content.

Creator

  • We've been unable to identify the creator(s) of this report.

Sponsor

Provided By

UNT Libraries Government Documents Department

Serving as both a federal and a state depository library, the UNT Libraries Government Documents Department maintains millions of items in a variety of formats. The department is a member of the FDLP Content Partnerships Program and an Affiliated Archive of the National Archives.

Contact Us

What

Descriptive information to help identify this report. Follow the links below to find similar items on the Digital Library.

Description

A detailed analysis of six Clean Coal projects revealed that recoupment decisions made by the Department limited its ability to recover the taxpayers` investment. These decisions exempted foreign sales, excluded some domestic sales on certain projects, and lowered the repayment rate on some sales. As a result, the Department may not recoup an estimated $133.7 million of the taxpayers` $151 million investment in these six projects and may limit its opportunity to recover future investments in other energy technology programs. An analysis and justification of recoupment decisions would help ensure that the Department is balancing overall program goals of the clean coal program with their recoupment goal. Analysis and justification of recoupment decisions would also facilitate implementation of future Departmental technology transfer programs. These programs are required by the Energy Policy Act of 1992 to model their recoupment procedures after those of the Clean Coal Technology Program. Formal financial policies and procedures also had not been established to track, account for, and verify the accuracy of moneys due and collected from industry participants. Repayment policies and procedures would help ensure that the Department collects moneys from successfully commercialized clean coal projects. The Deputy Assistant Secretary for Coal Technology, the Deputy Controller, and the Directors, Pittsburgh and Morgantown Energy Technology Centers, agreed with the report`s recommendations. However, the Deputy Assistant Secretary cautioned that the greatest payback to the nation from the program will not be in the form of repayment of Federal cost-sharing, but rather from general contributions to a clean environment and economic prosperity (e.g., sales of equipment and jobs creation). Part 2 of this report provides details on the audit findings and recommendations, and Part 3 includes detailed management and auditor comments.

Physical Description

27 p.

Notes

OSTI as TI96011653

Source

  • Other Information: PBD: Jun 1996

Language

Item Type

Identifier

Unique identifying numbers for this report in the Digital Library or other systems.

  • Other: TI96011653
  • Report No.: DOE/IG--0391
  • DOI: 10.2172/257405 | External Link
  • Office of Scientific & Technical Information Report Number: 257405
  • Archival Resource Key: ark:/67531/metadc666123

Collections

This report is part of the following collection of related materials.

Office of Scientific & Technical Information Technical Reports

Reports, articles and other documents harvested from the Office of Scientific and Technical Information.

Office of Scientific and Technical Information (OSTI) is the Department of Energy (DOE) office that collects, preserves, and disseminates DOE-sponsored research and development (R&D) results that are the outcomes of R&D projects or other funded activities at DOE labs and facilities nationwide and grantees at universities and other institutions.

What responsibilities do I have when using this report?

When

Dates and time periods associated with this report.

Creation Date

  • June 1, 1996

Added to The UNT Digital Library

  • June 29, 2015, 9:42 p.m.

Description Last Updated

  • Dec. 9, 2015, 2:25 p.m.

Usage Statistics

When was this report last used?

Yesterday: 0
Past 30 days: 0
Total Uses: 4

Interact With This Report

Here are some suggestions for what to do next.

Start Reading

PDF Version Also Available for Download.

International Image Interoperability Framework

IIF Logo

We support the IIIF Presentation API

Office of Inspector General report on audit of Department of Energy`s activities designed to recover the taxpayers` investment in the Clean Coal Technology Program, report, June 1, 1996; United States. (digital.library.unt.edu/ark:/67531/metadc666123/: accessed October 21, 2018), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.