POLITICO: “Biden’s $200 Billion Energy Loan Juggernaut Faces a Trump-Sized Threat”
RFF‘s incoming president and CEO, Billy Pizer, is quoted in this story about the fate of the US Department of Energy‘s Loan Programs Office.
The office estimates that it has seen losses representing roughly 3 percent of its portfolio, which is competitive with private-sector entities that service more traditional, less-risky loans. But concerns about DOE’s caution and a potential Trump victory are creating another level of anxiety for some program advocates.
“People are frustrated with the pace,” William Pizer, the incoming president of the energy-focused nonpartisan group Resources for the Future, said during an interview last month at an industry conference in Houston. On the other hand, he said, clean energy supporters would “also be frustrated if all the money went out the door and it didn’t do anything.”
