WASHINGTON (AP) — Democratic Sen. Dianne Feinstein says renewable energy projects across the country will be jeopardized if House Republicans are successful in scaling back a program that helps companies gain financing for transmission lines and solar, wind and geothermal plants.
The House is considering legislation to fund the federal government through Sept. 30. As part of their budget proposal, GOP lawmakers want steep cuts to a federal loan-guarantee program.READ MORE: High-Powered Winds Whip Through Southland, Bringing Cold Weather And Dust Advisories
Feinstein said the GOP’s effort, if successful, would halt dozens of projects around the country, many in the West. It would prevent the Department of Energy from finalizing any more loan guarantees, which help companies finance projects at lower interest rates.READ MORE: Grant's 2 Goals Lead Anaheim Ducks' 5-1 Rout Of Tampa Bay
Her letter to senators of both parties was released to reporters Wednesday.MORE NEWS: Omicron Surge Still Raging In Southland, Despite Decline In Other Parts Of Country
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