S. 2845 · 117th Congress
Indo-Pacific Strategic Energy Initiative Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
SullivanSponsorNo cosponsors.
This bill requires and authorizes actions related to supporting energy projects in other countries, including projects to increase energy security in the Indo-Pacific region.
What it does: CRS summary · Introduced in Senate · Sep 23, 2021
Indo-Pacific Strategic Energy Initiative Act
This bill requires and authorizes actions related to supporting energy projects in other countries, including projects to increase energy security in the Indo-Pacific region.
The Department of State must prioritize U.S. government effort in helping the governments of Japan, India, and other like-minded countries in the Indo-Pacific region to increase their energy security and reduce energy emissions, including through providing diplomatic and political support as necessary. The U.S. Trade and Development Agency must provide early-stage support for energy infrastructure projects in the Indo-Pacific region that promote the reduction of greenhouse gas and carbon dioxide emissions. The State Department, the Department of Commerce, and the Department of Energy must identify projects appropriate for such support.
The U.S. International Development Finance Corporation (1) may provide support for projects related to the importation of liquefied natural gas and the generation of low-emission energy, including projects owned by foreign government entities; and (2) may not prohibit or restrict support for a project on the basis of the type of energy involved.
The Export-Import Bank must establish a strategic energy portfolio focused on financing projects that may increase U.S. energy exports and are related to the development or construction of (1) liquefied natural gas import terminals, (2) carbon capture and storage, (3) blue hydrogen infrastructure, or (4) other low-emission energy infrastructure.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Indo-Pacific Strategic Energy Initiative Act
Latest action (Sep 23, 2021): Read twice and referred to the Committee on Foreign Relations.
Policy area: International Affairs · Origin: Senate · Introduced: Sep 23, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.