What does PEMA mean in MARKETING
The Petroleum Education and Marketing Act (PEMA) is a United States federal law that was passed in 1990. It aimed to create an education program encouraging energy conservation and the use of renewable sources of energy such as solar, wind, and geothermal energy. PEMA also authorized the Department of Energy to provide grants to assist with the development of educational programs related to the oil and gas industry.
PEMA meaning in Marketing in Business
PEMA mostly used in an acronym Marketing in Category Business that means Petroleum Education and Marketing Act
Shorthand: PEMA,
Full Form: Petroleum Education and Marketing Act
For more information of "Petroleum Education and Marketing Act", see the section below.
Essential Questions and Answers on Petroleum Education and Marketing Act in "BUSINESS»MARKETING"
What is PEMA?
PEMA stands for Petroleum Education and Marketing Act, which is a United States federal law that was passed in 1990.
What is the goal of PEMA?
The goal of PEMA is to create an education program encouraging energy conservation and the use of renewable sources of energy such as solar, wind, and geothermal energy.
Who is responsible for carrying out PEMA?
The Department of Energy is responsible for carrying out the provisions established by PEMA.
How does PEMA function?
Through grants offered by the Department of Energy, PEMA helps fund educational programs that focus on oil and gas industry topics.
What types of renewable energies are promoted under PEMA?
Under PEMA, renewable energies such as solar, wind, and geothermal are encouraged over traditional fossil fuels.
Does the Department of Energy do anything else besides providing grants through PEMA?
Yes, they also help support research activities related to the oil and gas industry.
Does PEMA fund any other activities besides educational programs related to energy conservation?
No, only activities related to energy conservation are eligible for funding under this law.
Final Words:
The Petroleum Education and Marketing Act has been an important piece of legislation since its passage in 1990 helping promote learning opportunities surrounding oil & gas production while also supporting purposeful research efforts in relation thereto. It has helped advance progress across all facets concerning our nation's fuel supply chain - it's social impact cannot be understated!
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