Murkowski announced the SEI in July with the publication of a white paper, With Powers So Disposed. This page will be updated as the SEI progresses.
Discussion Draft of the Strategic Energy for America (SEA) Act of 2019
The discussion draft of the SEA Act builds on the SEI.
The SEA Act would:
- Enable the new Development Finance Corporation to support civilian nuclear energy projects in developing countries;
- Direct the Secretary of the Treasury to oppose any energy-specific restrictions imposed by multilateral development banks; and
- Establish a strategic energy portfolio at the Export-Import Bank of the United States (EXIM), and reauthorize EXIM through 2031. The Act would also raise the exposure cap to $200 billion, address outdated restrictions, and modify the “2 percent all-stop freeze” related to the default rate.