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U.S. Energy Dept offers $4 billion loan aid plan for renewable energy

2014-04-16 15:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The U.S. Energy Department on Wednesday unveiled a plan to offer up to $4 billion in loan aid to renewable energy projects, opening up another round of funding for a program that faced harsh political attacks over past government-backed failures. The draft plan would provide loan guarantees for innovative projects that limit or avoid greenhouse gas emissions. It will specifically focus on advanced electric grid technology and storage, biofuels that can be used in conventional vehicles, energy...

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