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No Energy Source Restrictions for US Development Projects

This bill prohibits a U.S. financial corporation from restricting the type of energy used in electricity projects in developing countries. The aim is to ensure access to affordable electricity by promoting diverse sources like oil, gas, coal, wind, or solar. Citizens in these countries can expect more stable access to power, regardless of energy source preferences.
Key points
The U.S. financial corporation cannot block energy projects in developing countries based on the energy source used.
An 'all-of-the-above' energy development strategy will be promoted, including renewable and fossil fuels.
The goal is to provide affordable electricity in low-income countries, potentially improving residents' quality of life.
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Expired
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Additional Information
Print number: 117_S_2516
Sponsor: Sen. Barrasso, John [R-WY]
Process start date: 2021-07-28
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

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.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2516.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-07-28.

What are the main provisions?

Key points include:

  • The U.S. financial corporation cannot block energy projects in developing countries based on the energy source used.
  • An 'all-of-the-above' energy development strategy will be promoted, including renewable and fossil fuels.
  • The goal is to provide affordable electricity in low-income countries, potentially improving residents' quality of life.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Barrasso, John [R-WY].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Public Investments Environment Economy