The National Energy Act of 1978 (NEA78) was a legislative response by the U.S. Congress to the 1973 energy crisis. It included the following statutes:
The legislative initiative was introduced by President Jimmy Carter. The package was a major step in legislation regarding the energy field, involving both the supply and the demand side. The package was soon followed by the Energy Security Act, 8 acts signed by president Carter in 1980. [1] This sequel package addressed energy conservation and development of renewable energy sources.
The NEA78 and the "security" package established a framework for:
Most of the market-based mechanisms have been retained in some form to the present, whereas command and control items have been abandoned. [2]
The next major step in energy legislation in the USA was the Energy Policy Act of 1992.
