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Letter to the Honorable Maria Cantwell
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CBO reviewed the many factors that can influence the cost to the government of guaranteeing loans for the construction of advanced nuclear facilities.
- Blog Post
The Energy Policy Act of 2005 established incentives to encourage private investment in innovative technologies, including advanced nuclear energy facilities. Much of the government’s support for the construction of nuclear power plants is offered in the form of federal loan guarantees. Those guarantees, which are administered by the Department of Energy (DOE), promote investment in nuclear energy by lowering the cost of borrowing and possibly increasing the availability of credit for project sponsors.
- Report
This CBO study examines how a federal renewable or clean electricity standard would change the mix of fuels used for electricity generation, the amount of CO2 emissions, and the retail price of electricity in different parts of the U.S.
- Blog Post
Federal lawmakers have recently considered several policies to alter the mix of fuels used to generate electricity in the United States. Those policies—referred to as renewable or “clean” electricity standards—would lead to greater reliance on energy sources that produce few or no emissions of carbon dioxide (CO2), the most prevalent greenhouse gas contributing to climate change. Currently, only about 10 percent of U.S. electricity is produced from renewable sources.
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Letter to the Honorable James Lankford