Natural Resources and Energy Act of 1973 (Louisiana)
Last modified on February 12, 2015.
|Applies to States or Provinces||Louisiana|
|Name||Natural Resources and Energy Act of 1973 (Louisiana)|
|Policy Category||Other Policy|
|Policy Type||Environmental Regulations, Generating Facility Rate-Making|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
This law is designed to protect and conserve the natural energy resources of the state, and prevent the physical and economic waste, wasteful use and wasteful utilization of those resources through the development and implementation of a comprehensive energy policy for the state of Louisiana which will regulate the use, end-use, production, transportation, conservation, sale and prices of the state's energy resources, improve the available transportation facilities for movement of intrastate natural gas between the different parts of the state, provide for the equitable distribution of energy supplies to the residents and the commercial and industrial users of these energy supplies; and insure the maintenance of the highest practical level of energy supplies commensurate with the general health, safety, welfare and prosperity of the state.
There are also provisions that apply to purchase prices of intrastate natural gas in purchases by privately or publicly owned public utilities. The provisions of this law apply to sale prices of intrastate natural gas in sales by privately or publicly owned public utilities direct to industrial users, but shall not apply to sales of such gas by such utilities to other users.