The House Energy and Commerce Committee approved a provision to its sweeping climate and energy bill that would create an autonomous Clean Energy Deployment Administration within the Energy Department and make reforms to DOE's loan guarantee program for low-emission projects. The time spent debating the amendment was more than hour, suggesting the committee will face a slog through the 946-page measure. The amendment passed 51-6, with ranking member Joe Barton (R-Texas) among a handful of Republicans who opposed it. Rep. John Dingell (D-Mich.), who offered the amendment with Democrats Jay Inslee of Washington and Bart Gordon of Tennessee, said the plan would aid deployment of new nuclear plants as well as renewable technologies. Changes to the loan guarantee program and creation of a "clean energy" bank within DOE are also part of a major energy bill before the Senate Energy and Natural Resources Committee, although the plans are not identical. The Clean Energy Deployment Administration would be empowered to provide a suite of financing options, including direct loans, letters of credit, loan guarantees, insurance products and others...NYTimes
I'd like to see a government wide study of the subsidies issued for "clean" and renewable energy. Between federal and state programs the amount would be massive.
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