To provide for advocation of support for nuclear energy, and establish a nuclear energy assistance trust fund, at the World Bank, the European Bank for Reconstruction and Development, and other international financial institutions, as appropriate, and for other purposes.
Sponsors
Legislative Progress
ReportedReported with an amendment, committed to the Committee of the …
Additional sponsor: Mr. Donalds
Mr. Hill of Arkansas (for himself and Mr. Torres of …
Summary
What This Bill Does:
This bill wants to promote nuclear energy around the world. It asks the U.S. to encourage international banks (like the World Bank) to support nuclear power projects. The goal is to increase clean energy and reduce dependence on countries like China and Russia for nuclear technology.
Who Benefits and How:
- Nuclear Energy Industry: They'll get more funding and support from international banks, making it easier to build new reactors.
- Countries Considering Nuclear Power: These nations can now access more financing options for nuclear projects, helping them meet their clean energy goals.
- U.S. Allies: By encouraging these countries to use U.S.-aligned nuclear technologies, the bill aims to reduce influence from China and Russia.
Who Bears the Burden and How:
- Taxpayers: While not directly taxed, U.S. citizens may indirectly bear some costs as the U.S. encourages international banks to support nuclear projects.
- Other Energy Sectors: As nuclear energy gets more backing, other renewable energy sources (like wind or solar) might receive less attention or funding.
Key Provisions:
- The bill asks the U.S. to push for changes at international banks to allow and encourage nuclear power financing.
- It aims to triple global nuclear capacity by 2050 through increased support from these banks.
- The bill focuses on promoting U.S.-aligned nuclear technologies to reduce influence from countries like China and Russia.
- It establishes trust funds at international banks for nuclear energy assistance.
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
The bill aims to advocate for and support nuclear energy by establishing trust funds at international financial institutions like the World Bank and European Bank for Reconstruction and Development.
Policy Domains
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of the Treasury
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology