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Disapproval of Loan Guarantees for Clean Energy Projects

This resolution means the federal government will no longer provide loan guarantees for clean energy projects. This could impact the availability of funding for companies developing green technologies, potentially slowing their growth and affecting future energy costs.
Key points
Congress disapproves the Department of Energy's rule on loan guarantees for clean energy projects.
The rule concerning loan guarantees for clean energy projects will have no legal effect.
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Additional Information
Print number: 118_HJRES_191
Sponsor: Rep. Palmer, Gary J. [R-AL-6]
Process start date: 2024-07-18