Via the Green Inc blog : Worried that an important loan-guarantee program has ground to a standstill, renewable energy industry associations sent a letter Wednesday to President Obama urging him to speed the program along. The signers represented virtually every type of clean energy — wind, solar, geothermal, hydro, nuclear, combined heat and power, and biomass — and reflected the industry’s concern that a loan guarantee program for clean energy projects approved in the stimulus package was stuck in the federal bureaucracy, as has been a similar loan program that predates the stimulus. The letter, seen by Green Inc, cited “disagreements” between the Department of Energy and the Office of Management and Budget over regulations to carry out the loan guarantees. Three months have gone by since the stimulus packaged passed, the letter stated, “and we have little confidence that ongoing discussions between D.O.E. and the Office of Management and Budget over these regulations will produce a ...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.