Supporting Affordable Energy in Developing Countries Act
This act aims to prohibit U.S. federal agencies and financial institutions from blocking funding for fossil fuel or nuclear energy projects in developing countries. The goal is to ensure access to affordable electricity, protect U.S. jobs, and promote the export of American energy technologies.
Key points
Prohibits U.S. federal agencies from blocking financing for fossil fuel or nuclear energy projects in developing countries.
The U.S. will oppose climate finance plans in international financial institutions that prevent such project funding.
Aims to provide affordable electricity, increase U.S. clean energy technology exports, and prevent job losses in the United States.
Status:
Expired
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