Energy and Resource Recovery Act

[AI summary unavailable — showing source text] Energy and Resource Recovery Act - States the findings of the Congress that recent shortages of petroleum products and other resources illustrate that the Nation no longer possesses an overabundance of the natural resources necessary for commerce, economic well-being, and the national defense and that resources currently disposed of as waste must be recovered and reused in order to minimize the depletion of remaining virgin natural resources. Provides for the discretionary treatment by the Administrator of the Environmental Protection Agency of specified classes of discoveries and inventions in a manner designed to encourage the participation by private individuals in the Agency's energy and resource research and demonstration program. Provides for the promotion of the commercial utilization of such inventions. Authorizes the Administrator to assist, at the culmination of any successful recovery research projects which are developed pursuant to assistance under this Act or developed without Federal assistance, in the construction of pilot plant facilities for the purpose of investigating or testing the technological feasibility of any promising new fuel, energy, or resource recover…