{open_quotes}Green{close_quotes} energy technology: A smart way to branch out
- Goldberg, Fieldman and Lethan, P.C., Washington, DC (United States)
Noting the growing global demand for new sources of energy, Congress tailored the Energy Policy Act of 1992 (EPAct) to make U.S. public utility holding companies more competitive abroad. First, it eased Securities and Exchange Commission review of U.S. investment in foreign energy facilities. Second, it sought to expand U.S. participation in foreign energy-related projects to include U.S. technology as well as investment dollars. In that regard, Congress structured EPAct to offer financial assistance for {open_quotes}design, construction, testing, and operation{close_quotes} of projects in foreign countries that use renewable, environmental, and clean-coal technologies manufactured in the United States. These environmental energy technology programs are intended to foster a new industry and help it compete globally.
- OSTI ID:
- 68735
- Journal Information:
- Fortnightly, Journal Name: Fortnightly Journal Issue: 3 Vol. 133; ISSN FRTNE8
- Country of Publication:
- United States
- Language:
- English
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