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US Support for Global Nuclear Energy Financing

This act aims to boost financial and technical support for nuclear energy projects in other countries, especially those meeting high safety standards. It seeks to promote clean energy and reduce reliance on countries like Russia and China for nuclear plant construction. Citizens may indirectly benefit from global clean energy development and geopolitical stability.
Key points
The US will push international banks to financially support nuclear energy projects.
Special trust funds will be established to finance nuclear power plants meeting Western safety standards.
The goal is to promote safe nuclear energy and reduce the influence of Russia and China in this sector globally.
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Introduced
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Additional Information
Print number: 119_S_1739
Sponsor: Sen. McCormick, David [R-PA]
Process start date: 2025-05-13