Washington: A Bill that will boost efforts by the US and India to achieve global energy security and foster joint research and energy cooperation was on Tuesday unanimously cleared by the US Senate.
The US-India Energy Security Cooperation Act of 2006, sponsored by Senate Foreign Relations Committee Chairman Richard Lugar, declares the US will work closely with India to address energy challenges, ensure global energy security and increase the worldwide availability of clean energy.
The legislation authorises the US president to establish programmes to support greater Indo-US energy cooperation.
The Bill seeks the diversification of energy sources and stimulating the development of alternative fuels.
It calls for promoting dialogue and increased understanding between India and the US on national energy policies and strategies as an integral part of their expanding strategic partnership.
The Bill also seeks collaboration with India in research that fosters market-based approaches to energy security and offers the promise of technological breakthroughs that reduce oil dependency globally.
Other issues that come under the scope of the Bill include assistance for cooperation related to research, development and deployment in selected areas like clean coal and emission reduction technologies and carbon sequestration projects; alternative fuel sources such as ethanol, bio-mass, and coal-based fuels; and energy efficiency projects.
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