Loan Guarantee Program
Title XVII of Energy Policy Act of 2005 authorizes the DOE to issue loan guarantees to eligible projects that "avoid, reduce, or sequester air pollutants or anthropogenic emissions of greenhouse gases" and "employ new or significantly improved technologies as compared to technologies in service in the United States at the time the guarantee is issued".
In loan guarantees, a conditional commitment requires to meet an equity commitment, as well as other conditions, before the loan guarantee is closed.
Read more about this topic: United States Department Of Energy
Famous quotes containing the words loan, guarantee and/or program:
“Neither a borrower nor a lender be,
For loan oft loses both itself and friend,
And borrowing dulls the edge of husbandry.
This above all: to thine own self be true,
And it must follow, as the night the day,
Thou canst not then be false to any man.”
—William Shakespeare (1564–1616)
“Ignoring a child’s disrespect is the surest guarantee that it will continue.”
—Fred G. Gosman (20th century)
“The Kid had a lurking devil in him ... It was a good-humored, jovial imp, or a cruel and blood-thirsty fiend, as circumstances prompted. He always laughed when killing, but fire seemed to dart from his eyes.”
—State of New Mexico, U.S. public relief program (1935-1943)