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Protect American Energy From China Act
12/15/2023, 3:56 PM
Summary of Bill HR 2462
Bill 118 hr 2462, also known as the Protect American Energy From China Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to address concerns about China's increasing influence in the global energy market and its potential impact on American energy security.
The bill aims to protect American energy resources and infrastructure from Chinese control or manipulation by prohibiting the use of federal funds for any energy project that involves Chinese state-owned companies. This includes projects related to oil, natural gas, coal, and renewable energy sources.
Additionally, the bill seeks to strengthen the oversight of foreign investments in the US energy sector, particularly those coming from China. It requires the Secretary of Energy to conduct a comprehensive review of any proposed energy project involving Chinese investment to assess its potential impact on national security and energy independence. Overall, the Protect American Energy From China Act is designed to safeguard American energy interests and prevent undue influence from foreign entities, particularly China, in the US energy market. It reflects growing concerns about the strategic implications of China's expanding presence in the global energy sector and seeks to ensure that American energy resources remain secure and under domestic control.
The bill aims to protect American energy resources and infrastructure from Chinese control or manipulation by prohibiting the use of federal funds for any energy project that involves Chinese state-owned companies. This includes projects related to oil, natural gas, coal, and renewable energy sources.
Additionally, the bill seeks to strengthen the oversight of foreign investments in the US energy sector, particularly those coming from China. It requires the Secretary of Energy to conduct a comprehensive review of any proposed energy project involving Chinese investment to assess its potential impact on national security and energy independence. Overall, the Protect American Energy From China Act is designed to safeguard American energy interests and prevent undue influence from foreign entities, particularly China, in the US energy market. It reflects growing concerns about the strategic implications of China's expanding presence in the global energy sector and seeks to ensure that American energy resources remain secure and under domestic control.
Current Status of Bill HR 2462
Bill HR 2462 is currently in the status of Bill Introduced since April 3, 2023. Bill HR 2462 was introduced during Congress 118 and was introduced to the House on April 3, 2023. Bill HR 2462's most recent activity was Referred to the House Committee on Science, Space, and Technology. as of April 3, 2023
Bipartisan Support of Bill HR 2462
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 2462
Primary Policy Focus
EnergyComments
Sponsors and Cosponsors of HR 2462
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