A bill to prohibit the United States International Development Finance Corporation from imposing restrictions on the source of energy used by power-generation projects intended to provide affordable electricity in IDA-eligible countries or IDA-blend countries and to require the Corporation to promote a technology- and fuel-neutral, all-of-the-above energy development strategy for such countries.
This bill prohibits the U.S. International Development Finance Corporation from prohibiting or restricting the source of energy used by a power-generation project that has as its purpose the provision of affordable electricity in certain countries. Such countries are those that are eligible for support either solely from the International Development Association (IDA) or jointly from the IDA and the International Bank for Reconstruction and Development. Further, the corporation (1) may not reject a power-generation project in such a country based on the source of energy used by the project; and (2) must promote a technology- and fuel-neutral energy development strategy for such countries that includes the use of oil, natural gas, coal, hydroelectric, wind, solar, and geothermal power and other sources of energy.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Foreign Relations.
Introduced in Senate
Read twice and referred to the Committee on Foreign Relations.
International Affairs
Alternative and renewable resourcesCoalElectric power generation and transmissionEnergy storage, supplies, demandForeign aid and international reliefGovernment lending and loan guaranteesOil and gas
A bill to prohibit the United States International Development Finance Corporation from imposing restrictions on the source of energy used by power-generation projects intended to provide affordable electricity in IDA-eligible countries or IDA-blend countries and to require the Corporation to promote a technology- and fuel-neutral, all-of-the-above energy development strategy for such countries.
USA117th CongressS-2516| Senate
| Updated: 7/28/2021
This bill prohibits the U.S. International Development Finance Corporation from prohibiting or restricting the source of energy used by a power-generation project that has as its purpose the provision of affordable electricity in certain countries. Such countries are those that are eligible for support either solely from the International Development Association (IDA) or jointly from the IDA and the International Bank for Reconstruction and Development. Further, the corporation (1) may not reject a power-generation project in such a country based on the source of energy used by the project; and (2) must promote a technology- and fuel-neutral energy development strategy for such countries that includes the use of oil, natural gas, coal, hydroelectric, wind, solar, and geothermal power and other sources of energy.
Alternative and renewable resourcesCoalElectric power generation and transmissionEnergy storage, supplies, demandForeign aid and international reliefGovernment lending and loan guaranteesOil and gas