N.Y. Public Authorities Law § 1875: Legislative findings and declaration of intent

§ 1875. Legislative findings and declaration of intent. The

legislature hereby finds and declares that energy is essential to

maintain the industrial vitality of New York state. The legislature

further finds that, because of the state's limited indigenous energy

resource, efficient energy use is especially crucial to sustain its

competitive posture.

The legislature finds that many of the issues related to energy

efficiency in industry are associated with high temperature operations

and that insufficient research has been conducted to discover

technologies to increase the efficiency of these operations.

The legislature therefore declares that a coherent research program

focused on high temperature technology be established under the auspices

of the authority within a major university of the state. The legislature

further declares that such program shall further the energy conservation

objectives of the state and is an appropriate use of petroleum

overcharge restitution funds.