Standing Against Dirty Diplomacy Act or the SADD Act This bill amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in the extension of credit in connection with the purchase or sale of any good or service for a high carbon intensity project that: (1) is designed to generate electricity, and (2) if completed would produce at least 500 grams of carbon dioxide per kilowatt-hour of electricity generated by the project.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Introduced in House
Referred to the House Committee on Financial Services.
Foreign Trade and International Finance
Air qualityClimate change and greenhouse gasesCompetitiveness, trade promotion, trade deficitsCorporate finance and managementElectric power generation and transmissionGovernment lending and loan guarantees
To prohibit the Export-Import Bank of the United States from providing financial support for certain high carbon intensity energy projects.
USA115th CongressHR-2813| House
| Updated: 6/7/2017
Standing Against Dirty Diplomacy Act or the SADD Act This bill amends the Export-Import Bank Act of 1945 to prohibit the Export-Import Bank from guaranteeing, insuring, extending credit, or participating in the extension of credit in connection with the purchase or sale of any good or service for a high carbon intensity project that: (1) is designed to generate electricity, and (2) if completed would produce at least 500 grams of carbon dioxide per kilowatt-hour of electricity generated by the project.
Air qualityClimate change and greenhouse gasesCompetitiveness, trade promotion, trade deficitsCorporate finance and managementElectric power generation and transmissionGovernment lending and loan guarantees