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Supporting Affordable and Reliable Energy in Developing Countries Act of 2021

12/30/2022, 8:03 AM

Summary of Bill HR 5876

Bill 117 hr 5876, also known as the Supporting Affordable and Reliable Energy in Developing Countries Act of 2021, aims to promote access to affordable and reliable energy in developing countries. The bill recognizes the importance of energy access in promoting economic growth, reducing poverty, and improving quality of life in these countries.

The bill establishes a framework for the United States to support energy projects in developing countries through partnerships with governments, international organizations, and the private sector. It emphasizes the importance of using clean and sustainable energy sources, such as renewable energy, to address energy poverty and combat climate change.

Additionally, the bill calls for increased coordination and cooperation between the US government agencies, including the Department of State, the Department of Energy, and the United States Agency for International Development (USAID), to implement energy projects in developing countries effectively. Overall, the Supporting Affordable and Reliable Energy in Developing Countries Act of 2021 seeks to advance US interests in promoting energy access, economic development, and environmental sustainability in developing countries through strategic partnerships and investments.

Congressional Summary of HR 5876

Supporting Affordable and Reliable Energy in Developing Countries Act of 2021

This bill bans federal agencies and governmental corporations from implementing climate finance plans that would prohibit, or have the effect of prohibiting, the financing of certain projects to construct facilities that use fossil fuels or nuclear energy to generate electricity.

Current Status of Bill HR 5876

Bill HR 5876 is currently in the status of Bill Introduced since November 4, 2021. Bill HR 5876 was introduced during Congress 117 and was introduced to the House on November 4, 2021.  Bill HR 5876's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of November 4, 2021

Bipartisan Support of Bill HR 5876

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
0
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5876

Primary Policy Focus

Environmental Protection

Alternate Title(s) of Bill HR 5876

Supporting Affordable and Reliable Energy in Developing Countries Act of 2021
Supporting Affordable and Reliable Energy in Developing Countries Act of 2021
To prohibit the implementation of climate finance plans, and for other purposes.

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