Department of Energy: Loan Guarantees for Projects That Employ Innovative Technologies
GAO-10-322R: Dec 22, 2009
- Full Report:
GAO reviewed Department of Energy's (DOE) new rule on loan guarantees for projects that employ innovative technologies. GAO found that (1) the final rule amends the regulations implementing the loan guarantee program for projects that avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases; and employ new or significantly improved technologies as compared to commercial technologies in service in the United States at the time the guarantee is issued; and (2) DOE complied with applicable requirements in promulgating the rule.