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Pelosi: Obama Administration Will ‘Restore’ Energy Loan Guarantee Funding

House Speaker Nancy Pelosi (D-Calif.) just sent out a statement responding to criticism for renewable energy advocates about the state aid bill that passed

Jul 31, 2020
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House Speaker Nancy Pelosi (D-Calif.) just sent out a statement responding to criticism for renewable energy advocates about the state aid bill that passed earlier today. As I noted in a previous blog, the renewable energy industry is furious that the bill cut $1.5 billion in energy loan guarantees to pay for the legislation, which provides $26.1 billion for teachers’ salaries and Medicaid.
According to Pelosi, the Obama administration has committed to “restore” the loan guarantee funding.
Drew Hammill, Pelosi’s spokesperson, said:
Increased funding for renewable energy projects that create jobs here at home and reduce our dependence on dirty and foreign fuels have been a top economic, national security, and environmental priority of Speaker Pelosi.
The Speaker has been assured by the Obama Administration that it will work to restore these funds so that loans planned for later this year can move forward.
Hajra Shannon

Hajra Shannon

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Hajra Shannona is a highly experienced journalist with over 9 years of expertise in news writing, investigative reporting, and political analysis. She holds a Bachelor's degree in Journalism from Columbia University and has contributed to reputable publications focusing on global affairs, human rights, and environmental sustainability. Hajra's authoritative voice and trustworthy reporting reflect her commitment to delivering insightful news content. Beyond journalism, she enjoys exploring new cultures through travel and pursuing outdoor photography
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