Libertarian Party Platform




We oppose all government control of energy pricing, allocation, and production, such as that imposed by the Department of Energy, state public utility commissions, and state pro-rationing agencies. We oppose all government subsidies for energy research, development, and operation.

We oppose all direct and indirect government participation in the nuclear energy industry, including subsidies, research and development funds, guaranteed loans, waste disposal subsidies, and federal uranium enrichment facilities. The Nuclear Regulatory Commission should be abolished; full liability -- not government agencies -- should regulate nuclear power. The Price-Anderson Act, through which the government limits liability for nuclear accidents and furnishes partial payment at taxpayer expense, should be repealed. Nuclear energy should be denationalized and the industry's assets transferred to the private sector. Any nuclear power industry must meet the test of a free market.

We support abolition of the Department of Energy and the abolition of its component agencies, without their transfer elsewhere in the government. We oppose the creation of any emergency mobilization agency in the energy field, which would wield dictatorial powers in order to override normal legal processes. We oppose all government conservation schemes through the use of taxes, subsidies, and regulation. We oppose the "strategic storage" program, any attempt to compel national self-sufficiency in oil, any extension of cargo preference law to imports, and any attempt to raise oil tariffs or impose oil import quotas.

We favor the creation of a free market in oil by instituting full property rights in underground oil and by the repeal of all government controls over output in the petroleum industry. All government-owned energy resources should be turned over to private ownership.