FEDERALhearing transcript

Congressional Hearing on the Department of Energy Loan Guarantee Program

Original title: RISKY BUSINESS: THE DOE LOAN GUARANTEE PROGRAM

January 1, 2017

energy policy DOE loan guarantee program government oversight federal spending economic policy

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The Frame

What this does

The hearing provides a public record of legislative oversight regarding how the federal government manages financial risk and supports energy projects through loan guarantees, which impacts federal budget allocations and energy sector development.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Department of Energy

The agency is subject to congressional oversight regarding its management of the loan guarantee program.

Energy project developers

These entities are the primary recipients of federal loan guarantees, which are subject to program policy changes.

What changed

Last recorded activity January 1, 2017.

What's next

Next step not available in the current record.

Summary

This document is the transcript record of a joint hearing held by the House Committee on Science, Space, and Technology on February 15, 2017. The hearing examined the management, risks, and economic impact of the Department of Energy's (DOE) .

Key Facts

The hearing was held on February 15, 2017, by the Subcommittees on Energy and Oversight.
The subject of the hearing was the Department of Energy (DOE) Loan Guarantee Program.
The hearing included testimony from four expert witnesses representing various research and policy institutes.
The record includes opening statements from the Chairs and Ranking Members of the Energy and Oversight subcommittees, as well as the full Committee on Science, Space, and Technology.
The document serves as the official record for Serial No. 115-03 of the 115th Congress.

Frequently Asked Questions

What is the purpose of the DOE Loan Guarantee Program?

The program provides federal loan guarantees to support innovative energy projects that reduce air pollutants and greenhouse gases.

Who testified at this hearing?

Witnesses included Diane Katz (Heritage Foundation), Chris Edwards (Cato Institute), Dan Reicher (Stanford University), and Dr. Ryan Yonk (Utah State University).

Why It Matters

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Early 115th Congress Oversight

The hearing occurred in February 2017, shortly after the start of the 115th Congress, indicating an early focus on reviewing Obama-era energy programs.

Department of Energy House Committee on Science, Space, and Technology

Connected Entities

organizationHouse Committee on Science, Space, and Technology“The congressional committee that conducted the joint hearing.”Map →

personDan Reicher“Executive Director of the Steyer-Taylor Center for Energy Policy and Finance at ”Map →

personChris Edwards“Director of Tax Policy Studies at the Cato Institute who provided testimony.”Map →

organizationDepartment of Energy“The federal agency whose loan guarantee program was the subject of the oversight”Map →

personRyan Yonk“Research Director at the Institute of Political Economy at Utah State University”Map →

personDiane Katz“Senior Research Fellow at The Heritage Foundation who provided testimony.”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy40
Intensity of disagreement among stakeholders
Entertainment10
Compellingness for a non-policy-wonk reader
Buzz5
Current news / social attention level

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