Bill 119 HR 1474, also known as the Nuclear Energy Advocation and Assistance Act, aims to promote and support nuclear energy on an international level. The bill proposes the establishment of a nuclear energy assistance trust ...
fund at institutions such as the World Bank and the European Bank for Reconstruction and Development. This fund would provide financial assistance to countries looking to develop or expand their nuclear energy capabilities.
The bill emphasizes the importance of nuclear energy as a clean and reliable source of power that can help reduce greenhouse gas emissions and combat climate change. It also highlights the potential economic benefits of investing in nuclear energy, such as job creation and energy security.
In addition to advocating for nuclear energy, the bill includes provisions for promoting safety and security measures in the nuclear industry. This includes support for research and development of advanced nuclear technologies and cooperation with international partners to ensure the safe and responsible use of nuclear energy.
Overall, Bill 119 HR 1474 seeks to position the United States as a leader in the global nuclear energy industry and to support the growth of nuclear energy as a sustainable and environmentally friendly energy source.