Section 2
SECTION 2. Policy and Objectives — Hand in hand with the existing Government policy of accelerating the development of indigenous conventional energy resources as well as non-conventional energy alternatives with great potential for immediate and future applications, it is hereby declared to be the policy of the State to consider the maximum efficient utilization of coal as an important segment of the Government's thrust towards energy self-sufficiency and in sustaining the rapid growth and development of the national economy. This policy shall be carried out by attaining the following objectives: 1) to provide and maintain an adequate and stable supply of coal, whether imported or locally produced; 2) To establish or cause the establishment, coordinate, control and regulate an effective, efficient and economical logistics system as will adequately function to meet domestic requirements; and 3) To set up the conditions that would enable coal to substantially contribute to the country’s self-sufficiency-program and thereby enhance the economic development of the nation.