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The inefficient financing of federal agency energy projects

机译:联邦机构能源项目融资效率低下

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Congress has provided federal agencies mechanisms whereby they can finance energy efficiency and renewable energy projects using private money. However, because the federal government's borrowing rate is lower than that of private entities, the energy projects could be performed at a lower cost than at present. Despite potential savings to the government of well over (sic)100 million dollars per year, this does not occur. This note provides some reasons. One involves interpretation of existing legislation. Given the present legal interpretation, Congress would need to change the law to enable government agencies to finance energy projects through a federal entity, such as the Federal Finance Bank. However, the note points out that Agencies have little incentive to push for such a change, and that Congress itself seems inclined to enable more, not less, private financing of agency projects. Thus, it seems unlikely that the potential savings from government financing of federal energy projects will occur.
机译:国会提供了联邦机构的机制,使他们可以使用私人资金资助能源效率和可再生能源项目。但是,由于联邦政府的借款利率低于私人实体的借款利率,因此能源项目的执行成本可能低于目前的水平。尽管每年可为政府节省的资金超过(sic)1亿美元,但这并没有发生。本说明提供了一些原因。一种涉及对现有立法的解释。根据目前的法律解释,国会需要修改法律,以使政府机构能够通过联邦实体(例如联邦金融银行)为能源项目提供资金。但是,这份说明指出,各机构几乎没有动力去推动这种改变,而且国会本身似乎倾向于为机构项目提供更多而不是更少的私人融资。因此,似乎不太可能发生政府为联邦能源项目提供资金的潜在节省。

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