444 
(v) develop renewable fuels standards 
and renewable portfolio standards; 
(vi) establish educational training and 
exchange programs between member coun-
tries; and 
(vii) identify and remove barriers to 
trade in technology, services, and commod-
ities. 
(C) An Energy for Development Initiative 
to promote energy access for underdeveloped 
areas through energy policy and infrastructure 
development, including activities that— 
(i) increase access to energy services 
for the poor; 
(ii) improve energy sector market con-
ditions; 
(iii) 
promote 
rural 
development 
though biomass energy production and use; 
(iv) increase transparency of, and par-
ticipation 
in, 
energy 
infrastructure 
projects; 
(v) promote development and deploy-
ment of technology for clean and sustain-
able energy development, including biofuel 
and clean coal technologies; and 
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(vi) facilitate use of carbon sequestra-
tion methods in agriculture and forestry 
and linking greenhouse gas emissions re-
duction programs to international carbon 
markets. 
(c) HEMISPHERE ENERGY INDUSTRY GROUP.— 
(1) AUTHORITY.—The Secretary of State, in 
coordination with the Secretary of Commerce and 
the Secretary of Energy, should approach the gov-
ernments of other countries in the Western Hemi-
sphere to seek cooperation in establishing a Hemi-
sphere Energy Industry Group, to be coordinated by 
the United States Government, involving industry 
representatives and government representatives from 
the Western Hemisphere. 
(2) PURPOSE.—The purpose of the forum 
should be to increase public-private partnerships, 
foster private investment, and enable countries of 
the Western Hemisphere to devise energy agendas 
compatible with industry capacity and cognizant of 
industry goals. 
(3) TOPICS
OF
DIALOGUES.—Topics for the 
forum should include— 
(A) promotion of a secure investment cli-
mate; 
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(B) 
development 
and 
deployment 
of 
biofuels and other alternative fuels and clean 
electrical production facilities, including clean 
coal and carbon sequestration; 
(C) development and deployment of energy 
efficient technologies and practices, including in 
the industrial, residential, and transportation 
sectors; 
(D) investment in oil and natural gas pro-
duction and distribution; 
(E) transparency of energy production and 
reserves data; 
(F) research promotion; and 
(G) training and education exchange pro-
grams. 
(d) ANNUAL REPORT.—The Secretary of State, in co-
ordination with the Secretary of Energy, shall submit to 
the appropriate congressional committees an annual re-
port on the implementation of this section, including the 
strategy and benchmarks for measurement of progress de-
veloped under this section. 
SEC. 707. NATIONAL SECURITY COUNCIL REORGANIZA-
TION. 
Section 101(a) of the National Security Act of 1947 
(50 U.S.C. 402(a)) is amended— 
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(1) by redesignating paragraphs (5), (6), and 
(7) as paragraphs (6), (7), and (8), respectively; and 
(2) by inserting after paragraph (4) the fol-
lowing: 
‘‘(5) the Secretary of Energy;’’. 
SEC. 708. ANNUAL NATIONAL ENERGY SECURITY STRATEGY 
REPORT. 
(a) REPORTS.— 
(1) IN GENERAL.—Subject to paragraph (2), on 
the date on which the President submits to Congress 
the budget for the following fiscal year under section 
1105 of title 31, United States Code, the President 
shall submit to Congress a comprehensive report on 
the national energy security of the United States. 
(2) NEW PRESIDENTS.—In addition to the re-
ports required under paragraph (1), the President 
shall submit a comprehensive report on the national 
energy security of the United States by not later 
than 150 days after the date on which the President 
assumes the office of President after a presidential 
election. 
(b) CONTENTS.—Each report under this section shall 
describe the national energy security strategy of the 
United States, including a comprehensive description of— 
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