Alexander Kaufman is a senior reporter at HuffPost, based in New York. He covers energy and climate change. A two-time winner of the SEAL Environmental Journalism Award and a 2024 recipient of the Covering Climate Now Journalism Award, he has filed stories from the Arctic and the Amazon, Europe and East Asia.
A top economic adviser to Vice President Kamala Harris ’ campaign for the White House has called for the United States to establish a new federal program to loan foreign countries billions of dollars so they can buy American-made green energy technologies.at Foreign Affairs, economist Brian Deese ― who led President Joe Biden’s National Economic Council until last year ― called for a “Clean Energy Marshall Plan,” modeled and named after the U.S.
White House National Economic Council director Brian Deese speaks during the daily briefing at the White House in Washington, May 31, 2022.“The Marshall Plan had a straightforward aim: subsidize European demand for U.S. products and services needed to rebuild Europe,” Deese wrote.
The U.S. Export-Import Bank went unmentioned in Deese’s roughly 5,100-word essay. While the other leading federal financing authority for overseas deals has funded major clean energy projects such as Poland’s first nuclear power plant, the Ex-Im Bank’s charter is set to expire at the end of 2026, and its reauthorizationThe Department of Energy’s Loan Programs Office could offer a model for the Clean Energy Finance Authority, Deese suggested.
Now that U.S. companies are harnessing the same technology that spurred the American oil and gas boom to expand the potential for geothermal energy, Deese wrote, the country should export equipment to Southeast Asia and Africa. With the Biden administration leading more than a dozen countries in a pledge to triple global nuclear energy output by 2050, Deese suggested that a Clean Energy Finance Authority could also fund new nuclear plants.
2024 Election Kamala Harris Green Energy Brian Deese
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