UN General Assembly
1979

75. The commitments made by the major industrial countries at the Tokyo Economic Summit demonstrate this clearly. My Government is taking ambitious action to address the energy problem and is making efforts to exceed these commitments. President Carter has committed the United States not to import more than 8.2 million barrels of oil a day in 1979, and never to exceed the peak level of our imports reached in 1977. Total United States energy research and development this year is $3.2 billion. We are investing $528 million this year—and $600 million next year—in the development and use of solar energy. We are significantly expanding our development of synthetic fuels, to take advantage of the abundant coal and oil shale in our country. 76. Much of this new energy technology will have application in other countries as well. We will seek to make it available to others under mutually satisfactory conditions. For we recognize that by helping others resolve their energy problems, we help resolve our own.