,,ii #aahth ,,congress #ast ,session ,s4 #deh ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #ae1 #bjbc,mr4 ,manchin 7for himself and ,ms4 ,murkowski7 introduced the following bill2 which was read twice and referred to the ,committee on ,foreign ,relations ,a ,,bill ,to establish a program to reduce the reliance of allied and partner nations on natural gas1 petroleum1 nuclear fuel1 and minerals produced in ,russia1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,north ,american ,transatlantic ,resource ,security ,partnership ,act of #bjbc4 #b4 ,definition of ,secretaries ,in this ,act1 the term ,secretaries means the ,secretary of ,energy and the ,secretary of the ,interior4 #c4 ,program to reduce reliance on ,russian energy 7a7 ,definition of ally or partner nation ,in this section1 the term ally or partner nation means the ,government of each of the following3 7#a7 ,australia4 7#b7 ,finland4 7#c7 ,japan4 7#d7 ,the ,republic of ,korea4 7#e7 ,sweden4 7#f7 ,switzerland4 7#g7 ,ukraine4 7#h7 ,kosovo4 7#i7 ,moldova4 7#aj7 ,a country with a transmission system operator that is included in the ,european ,network of ,transmission ,system ,operators for ,electricity4 7#aa7 ,a member of the ,north ,atlantic ,treaty ,organization4 7#ab7 ,any other country designated as an ally or partner nation by the ,secretaries for purposes of this ,act4 7b7 ,establishment ,the ,secretaries shall establish a joint program 7referred to in this section as the program7 to reduce the reliance of ally or partner nations on natural gas1 petroleum 7including crude oil and petroleum products71 coal1 minerals1 nuclear fuel1 isotopes1 and other energy-related and mineral-related technologies and commodities produced in ,russia by-- 7#a7 developing or manufacturing relevant resources1 materials1 or equipment domestically2 7#b7 providing those resources1 materials1 and equipment to an ally or partner nation under such terms and conditions as the ,secretaries determine appropriate2 7#c7 issuing loans1 loan guarantees1 other financial assistance1 or assistance in the form of an equity interest to carry out the activities described in paragraphs 7#a7 and 7#b72 and 7#d7 providing relevant technical assistance to an ally or partner nation4 7c7 ,priority ,in carrying out the program1 the ,secretaries shall give priority to activities and projects that-- 7#a7 are located in the ,united ,states2 or 7#b7 are located in or benefit countries that had an annual per capita gross domestic product of not more than #bh1jjj in #bjbj4 7d7 ,partnerships ,the ,secretaries may partner with other ,federal agencies to carry out the program4 7e7 ,authority ,to enter into agreements ,in carrying out the program1 the ,secretaries may enter into #a or more agreements directly with an ally or partner nation or a third party under such terms and conditions as the ,secretaries determine appropriate4 7f7 ,domestic sourcing considerations 7#a7 ,in general ,except as provided in paragraph 7#b71 to the extent practicable1 the ,secretaries may only carry out an activity described in paragraphs 7#a7 through 7#d7 of subsection 7b7 if the activity-- 7,a7 relies on resources1 materials1 or equipment that are developed or produced in the ,united ,states2 and 7,b7 promotes-- 7i7 the energy and national security of the ,united ,states or ally or partner nations2 or 7ii7 manufacturing in the ,united ,states4 7#b7 ,exception ,paragraph 7#a7 shall not apply with respect to an activity described in paragraphs 7#a7 through 7#d7 of subsection 7b7 if the ,secretary of ,energy certifies that such an activity cannot reasonably satisfy clause 7i7 or 7ii7 of paragraph 7#a77;,b74 7g7 ,reports ,not later than #ij days after the date of enactment of this ,act1 and annually thereafter1 the ,secretaries shall submit to the ,committee on ,energy and ,natural ,resources and the ,committee on ,foreign ,relations of the ,senate and the ,committee on ,energy and ,commerce and the ,committee on ,foreign ,affairs of the ,house of ,representatives a report that-- 7#a7 identifies any resources1 materials1 or equipment developed under subsection 7b77#a72 and 7#b7 analyzes how the program benefits domestic resource suppliers and manufacturers4 7h7 ,authorization of appropriations 7#a7 ,in general ,there is authorized to be appropriated to the ,secretaries to carry out this section #ejj1jjj1jjj for fiscal year #bjbd1 to remain available until ,september #cj1 #bjbf4 7#b7 ,nord ,stream #b pipeline discontinuation 7,a7 ,authorization of appropriations ,in addition to the amount authorized to be appropriated under paragraph 7#a71 there is authorized to be appropriated to the ,secretaries to carry out this section #ejj1jjj1jjj for fiscal year #bjbd1 to remain available until ,september #cj1 #bjbf4 7,b7 ,conditions ,amounts appropriated pursuant to subparagraph 7,a7 may only be expended if the ,secretary of ,energy certifies to ,congress that the planning1 construction1 and operation of the ,nord ,stream #b pipeline has been permanently discontinued1 including as a result of ,united ,states sanctions imposed on any person or entity responsible for such planning1 construction1 or operation4 #d4 ,domestic energy and mineral security evaluation 7a7 ,report on domestic energy and mineral security ,not later than #a year after the date of enactment of this ,act1 the ,secretaries shall develop and submit to the ,committee on ,energy and ,natural ,resources of the ,senate and the ,committee on ,energy and ,commerce of the ,house of ,representatives a report that evaluates the energy and mineral security of the ,united ,states1 including-- 7#a7 identification of any threats posed to the supply1 transmission1 distribution1 or use of energy in the ,united ,states2 7#b7 identification of any threats posed to the supply1 processing1 refining1 and distribution of minerals in the ,united ,states2 7#c7 the potential impact of the threats described in paragraphs 7#a7 and 7#b7 on-- 7,a7 the economy of the ,united ,states2 7,b7 consumers and well-functioning and competitive energy and mineral markets in the ,united ,states2 and 7,c7 the national security of the ,united ,states2 and 7#d7 identification of means to strengthen domestic production while standardizing a system to support projects with ally or partner nations to establish resilient and responsible energy and mineral supply chains4 7b7 ,consultation ,in developing the report under subsection 7a71 the ,secretaries may consult with relevant ,federal1 ,state1 private sector1 and other entities1 as the ,secretaries determine appropriate4 #e4 ,energy and related infrastructure supply chain reliability assurance program 7a7 ,in general ,the ,secretaries shall establish a supply chain reliability assurance program 7referred to in this section as the program71 under which the ,secretaries shall-- 7#a7 prioritize1 to the maximum extent practicable1 domestic activities that ensure the establishment of secure supply chains1 including energy production1 mining1 mineral processing1 and manufacturing2 7#b7 facilitate collaboration with ,federal agencies1 industrial partners1 ,mexico1 and ,canada to establish1 grow1 and maintain a reliable domestic supplier base of critical energy materials and technologies by establishing government-to-government partnerships and public-private partnerships-- 7,a7 to procure materials 7as defined in section #b7;b7 of the ,national ,materials and ,minerals ,policy1 ,research and ,development ,act of #aihj 7#cj ,u4,s4,c4 #afja7;b777 to meet the engineering and performance requirements of the ,department of ,energy 7referred to in this section as the ,department7 and private and public entities2 and 7,b7 that may relate to-- 7i7 high-performance computing2 7ii7 carbon capture materials2 7iii7 the electric grid1 including transformers and high voltage direct current2 7iv7 energy storage2 7v7 hydropower and pumped storage hydropower2 7vi7 nuclear energy2 7vii7 catalysts2 7viii7 semiconductors2 7ix7 solar photovoltaics2 7x7 wind2 7xi7 isotopes2 7xii7 oil and gas2 7xiii7 advanced materials2 and 7xiv7 geothermal electrical and thermal power storage2 7#c7 improve coordination with ,mexico and ,canada to improve planning for material requirements and potential disruptions to commercial or contractor supply chains of materials crucial to energy and related technologies1 including by-- 7,a7 assisting in coordination for forecasting future needs in existing and emerging energy and related technologies and new procurements2 and 7,b7 establishing clear requirements to increase raw material availability1 expand manufacturing capabilities1 support the formation of diverse1 secure1 and socially responsible foreign supply chains1 and improve supply chain knowledge and decision-making for energy and related technologies2 7#d7 collaborate with ,federal agencies1 industrial partners1 and international partners to establish processes to mitigate manufacturing challenges for energy infrastructure and other energy-related products and to develop strategies to lower the long-term costs of energy materials and technology while identifying and preserving-- 7,a7 the production of materials and components required for advanced energy technologies and products1 including natural gas1 hydrogen1 pipelines1 and transmission1 renewables1 advanced nuclear1 advanced energy materials1 and commercial-scale energy storage by the ,department2 and 7,b7 energy and related infrastructure2 and 7#e7 plan for-- 7,a7 the sustainment of the supply of recycled materials for energy and related technologies2 and 7,b7 required infrastructure to recycle materials for energy and related technologies4 7b7 ,financial assistance ,the ,secretaries may provide loans1 loan guarantees1 other financial assistance1 and assistance in the form of an equity interest to carry out the activities under the program4 7c7 ,funding ,there is authorized to be appropriated to the ,secretaries to carry out this section #bjj1jjj1jjj for the period of fiscal years #bjbd through #bjbh4 #f4 ,north ,american energy security cooperation 7a7 ,covered energy source defined ,in this section1 the term covered energy source means any of the following3 7#a7 ,solar energy4 7#b7 ,biomass energy4 7#c7 ,energy efficiency technology4 7#d7 ,wind energy4 7#e7 ,geothermal energy4 7#f7 ,wave and tidal energy4 7#g7 ,advanced battery technology4 7#h7 ,hydrogen technology4 7#i7 ,nuclear energy4 7#aj7 ,carbon capture1 utilization1 and storage technology4 7#aa7 ,natural gas energy1 including conventional and unconventional natural gas technologies and other associated technologies1 and natural gas projects4 7#ab7 ,water technologies1 including water desalination1 wastewater treatment and reclamation1 and other water treatment refining4 7#ac7 ,petroleum1 petroleum derivatives1 and petroleum products4 7#ad7 ,critical materials 7as defined in section #gjjb7;a7 of the ,energy ,act of #bjbj 7#cj ,u4,s4,c4 #afjf7;a777 necessary for use of any of the energy sources described in paragraphs 7#a7 through 7#ac74 7b7 ,sense of ,congress on ,united ,states-,mexico-,canada ,cooperation ,agreement ,it is the sense of ,congress that-- 7#a7 it is in the highest economic and national security interests of the ,united ,states to develop covered energy sources in the ,united ,states2 7#b7 the states of ,mexico and provinces of ,canada are steadfast allies of the ,united ,states and have the capacity to produce energy and mineral resources that contribute to economic and national security2 7#c7 enhanced cooperation between the ,united ,states1 ,mexico1 and ,canada for the purpose of research and development of covered energy sources would be in the national interests of all #c countries2 7#d7 energy cooperation between the ,united ,states1 ,mexico1 and ,canada and the development of natural resources by all #c countries are in the strategic interests of the ,united ,states2 7#e7 the ,united ,states can play a role in assisting ,mexico and ,canada with regional safety and security issues2 7#f7 the ,secretaries1 as appropriate and in consultation with the ,national ,science ,foundation1 should collaborate with ,mexico and ,canada with respect to research1 development1 and deployment of covered energy sources2 7#g7 the ,united ,states1 ,mexico1 and ,canada should strive to develop more robust academic cooperation with respect to-- 7,a7 energy innovation technology and engineering2 7,b7 water science2 7,c7 technology transfer2 and 7,d7 analysis of-- 7i7 emerging geopolitical dynamics1 threats1 and crises from acquisitions of natural resources and energy supplies by foreign countries2 and 7ii7 the development of domestic resources as a response to those threats2 and 7#h7 the ,united ,states strongly urges open dialogue and continued mechanisms for regular engagement and encourages further cooperation between applicable departments1 agencies1 ministries1 institutions of higher education1 and the private sector of the ,united ,states1 ,mexico1 and ,canada on energy security issues1 including with respect to-- 7,a7 identifying policy priorities associated with the development of natural resources of ,mexico and ,canada2 7,b7 discussing and sharing best practices with respect to securing cyber energy infrastructure and other energy security matters2 7,c7 leveraging natural gas to positively impact regional stability2 7,d7 issues relating to the energy-water nexus1 including improving energy efficiency and the overall performance of water technologies through research and development in water desalination1 wastewater treatment and reclamation1 water treatment in gas and oil production processes1 and other water treatment refiners2 7,e7 technical and environmental management of deep-water exploration and production2 7,f7 emergency response and coastal protection and restoration2 7,g7 academic outreach and engagement2 7,h7 private sector and business development2 7,i7 regulatory consultations2 7,j7 leveraging alternative transportation fuels and technologies2 and 7,k7 any other areas determined appropriate by the governments of the ,united ,states1 ,mexico1 and ,canada4 7c7 ,program ,to promote ,north ,american energy cooperation 7#a7 ,in general ,the ,secretaries1 in consultation with the ,secretary of ,state1 the ,secretary of ,commerce1 and the heads of other relevant agencies1 shall carry out a program to promote cooperation on energy issues with the governments of ,mexico and ,canada4 7#b7 ,activities ,under the program required by paragraph 7#a71 the ,secretaries shall coordinate with the governments of ,mexico and ,canada-- 7,a7 to increase the production of energy supplies2 7,b7 to improve energy efficiency2 7,c7 to assist in the development and transfer of energy supply and efficiency technologies that would have a beneficial impact on world energy markets2 7,d7 to align energy-related regulations to reduce the burden on energy companies conducting trans-border activities and to align regulations and standards in the appropriate sectors2 7,e7 to streamline the ,united ,states presidential permitting process to ensure that requirements are consistently implemented by having a fair and reliable process for obtaining presidential permits for trans-border energy infrastructure projects2 7,f7 to implement processes for cross-border movement of equipment and workers to avoid delays in business and trade transactions2 and 7,g7 to involve ,states of the ,united ,states1 states of ,mexico1 and provinces of ,canada in efforts to advance ,north ,american energy integration4 7#c7 ,loans and loan guarantees 7,a7 ,establishment ,in implementing cooperative agreements with the governments of ,mexico and ,canada entered into under this subsection1 the ,secretary of ,energy shall establish a program under which the ,secretary may provide loans and loan guarantees to support projects relating to the research1 development1 and commercialization of covered energy sources4 7,b7 ,eligible projects ,a project is eligible for a loan or loan guarantee under subparagraph 7,a7 if the project-- 7i7 addresses a requirement relating to improvement of covered energy sources1 as determined by the ,secretary of ,energy2 and 7ii7 is a joint venture between-- 7,i7 7aa7 a for-profit business entity1 institution of higher education 7as defined in section #aja7;a7 of the ,higher ,education ,act of #aife 7#bj ,u4,s4,c4 #ajja7;a7771 ,national ,laboratory 7as defined in section #b of the ,energy ,policy ,act of #bjje 7#db ,u4,s4,c4 #aehja771 or nonprofit entity in the ,united ,states2 and 7bb7 a for-profit business entity1 institution of higher education1 or nonprofit entity in ,mexico or ,canada2 or 7,,ii7 #b or more of the following3 7aa7 ,the ,united ,states ,government4 7bb7 ,the ,government of ,mexico4 7cc7 ,the ,government of ,canada4 7,c7 ,applications 7i7 ,in general ,an entity seeking a loan or loan guarantee under subparagraph 7,a7 shall submit to the ,secretary of ,energy an application for the loan or loan guarantee in accordance with procedures established by the ,secretary1 in consultation with the advisory board established under subparagraph 7,d74 7ii7 ,loan guarantees ,the ,secretary of ,energy shall require any entity seeking a loan guarantee to pay all credit subsidy costs associated with the loan guarantee4 7,d7 ,advisory board 7i7 ,establishment ,the ,secretary of ,energy shall establish an advisory board-- 7,i7 to monitor the method by which loans and loan guarantees are awarded under subparagraph 7,a72 and 7,,ii7 to provide to the ,secretary of ,energy periodic performance reviews of actions taken to carry out this paragraph4 7ii7 ,composition ,the advisory board established under clause 7i7 shall be composed of #c members1 to be appointed by the ,secretary of ,energy1 of whom-- 7,i7 #a shall be a representative of the ,united ,states ,government2 7,,ii7 #a shall be selected from a list of nominees provided by the ,government of ,mexico2 and 7,,iii7 #a shall be selected from a list of nominees provided by the ,government of ,canada4 7,e7 ,contributed funds ,notwithstanding section #ccjb of title #ca1 ,united ,states ,code1 the ,secretary of ,energy may accept1 retain1 and use funds contributed by any person1 government entity1 or organization for purposes of carrying out this paragraph-- 7i7 without further appropriation2 and 7ii7 without fiscal year limitation4 7,f7 ,report ,not later than #ahj days after the date of completion of a project for which a loan or loan guarantee is provided under subparagraph 7,a71 the recipient of the loan or loan guarantee shall submit to the ,secretary of ,energy a report that contains-- 7i7 a description of how the recipient used the loan or loan guarantee2 and 7ii7 an evaluation of the level of success of the project for which a loan or loan guarantee was provided4 7d7 ,international partnerships 7#a7 ,in general ,the ,secretary of ,energy may enter into cooperative agreements supporting and enhancing dialogue and planning involving international partnerships between the ,department of ,energy1 including the ,national ,laboratories 7as defined in section #b of the ,energy ,policy ,act of #bjje 7#db ,u4,s4,c4 #aehja771 and the government of ,mexico or ,canada4 7#b7 ,federal share ,the ,secretary of ,energy may not pay more than #ej percent of the costs of implementing cooperative agreements entered into pursuant to paragraph 7#a74 7#c7 ,annual reports ,if the ,secretary of ,energy enters into agreements authorized by paragraph 7#a71 the ,secretary shall1 not less frequently than annually1 submit to the committees specified in paragraph 7#d7 a report that describes1 for the year preceding submission of the report-- 7,a7 actions taken to implement such agreements2 and 7,b7 any projects undertaken pursuant to such agreements4 7#d7 ,committees specified ,the committees specified in this paragraph are-- 7,a7 the ,committee on ,energy and ,natural ,resources1 the ,committee on ,foreign ,relations1 and the ,committee on ,appropriations of the ,senate2 and 7,b7 the ,committee on ,energy and ,commerce1 the ,committee on ,science1 ,space1 and ,technology1 the ,committee on ,foreign ,affairs1 and the ,committee on ,appropriations of the ,house of ,representatives4 7e7 ,united ,states-,mexico-,canada ,energy ,center 7#a7 ,in general ,the ,secretary of ,energy shall seek to establish1 jointly with the governments of ,mexico and ,canada1 a ,united ,states-,mexico-,canada ,energy ,center 7in this subsection referred to as the ,center7 located in the ,united ,states4 7#b7 ,purpose ,the purpose of the ,center shall be to further dialogue and collaboration between the ,united ,states1 ,mexico1 and ,canada to develop more robust academic cooperation with respect to-- 7,a7 energy innovation technology and engineering1 water science1 and technology transfer2 7,b7 analysis of emerging geopolitical dynamics1 threats1 and crises from acquisitions by foreign governments of natural resources and energy supplies2 and 7,c7 the development of domestic resources as a response to those implications1 crises1 and threats4 7#c7 ,use of experience and knowledge ,in establishing the ,center1 the ,secretary of ,energy shall seek to leverage the experience1 knowledge1 and expertise of institutions of higher education and entities in the private sector1 among others1 with respect to offshore energy development4 #g4 ,strategic energy financing 7a7 ,strategic energy and minerals portfolio at ,united ,states ,international ,development ,finance ,corporation ,title ,v of the ,better ,utilization of ,investments ,leading to ,development ,act of #bjah 7#bb ,u4,s4,c4 #ifga et seq47 is amended by adding at the end the following3 #adee4 ,strategic energy and minerals portfolio ,the ,corporation-- 7#a7 may provide support under title ,,ii for projects related to any type of energy1 including fossil fuels1 renewables 7including hydropower71 and nuclear energy1 or the production1 processing1 manufacturing1 or recycling of critical minerals 7as defined in section #gjjb7;a7 of the ,energy ,act of #bjbj 7#cj ,u4,s4,c4 #afjf7;a7772 and 7#b7 may not prohibit1 restrict1 or otherwise impede the provision of support on the basis of the type of energy involved in a project4 4 7b7 ,promotion of energy and minerals exports by ,export-,import ,bank of the ,united ,states 7#a7 ,strategic energy and minerals portfolio ,the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce et seq47 is amended by adding at the end the following3 #af4 ,strategic energy and minerals portfolio 7a7 ,in general ,the ,bank shall establish a strategic energy and minerals portfolio focused on providing financing 7including loans1 loan guarantees1 and insurance7 for civil nuclear energy infrastructure projects 7subject to subsection 7c771 natural gas infrastructure projects1 and critical minerals projects 7including production1 processing1 manufacturing1 or recycling71 that may facilitate-- 7#a7 increases in exports of ,united ,states energy commodities1 such as regasification terminals2 7#b7 the export of ,united ,states equipment1 materials1 and technology2 or 7#c7 the strategic diversification of supply chains critical to the ,united ,states economy4 7b7 ,maximum exposure cap for strategic energy portfolio 7#a7 ,in general ,the aggregate amount of loans1 guarantees1 and insurance under subsection 7a7 the ,bank has outstanding at any one time may not exceed #ej1jjj1jjj1jjj4 7#b7 ,treatment of defaults ,a default on financing provided under subsection 7a7 shall not-- 7,a7 be included in the default rate calculated by the ,bank under section #h7;g77#a72 or 7,b7 count for purposes of the freeze on lending provided for under section #f7;a77#c74 7c7 ,limitation ,the ,bank may provide financing for civil nuclear energy infrastructure projects only in countries with which the ,united ,states has in effect a nuclear cooperation agreement under section #abc of the ,atomic ,energy ,act of #aied 7#db ,u4,s4,c4 #baec74 7d7 ,rule of construction ,nothing in this section may be construed to lessen the obligation of the ,bank to conduct rigorous due diligence and mitigate risks with respect to transactions or projects for which the ,bank provides financing under this section4 7e7 ,critical mineral defined ,in this section1 the term critical mineral has the meaning given the term in section #gjjb7;a7 of the ,energy ,act of #bjbj 7#cj ,u4,s4,c4 #afjf7;a774 4 7#b7 ,promotion of energy exports ,section #b7;b77#a77;,c7 of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce7;b77#a77;,c77 is amended by striking nonnuclear renewable and inserting all4 7#c7 ,modification of limitation on financing for nuclear energy exports ,section #b7;b77#e7 of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce7;b77#e77 is amended by striking any liquid metal fast breeder nuclear reactor or any nuclear fuel reprocessing facility and inserting any nuclear material1 equipment1 or technology not provided for under a nuclear cooperation agreement in effect under section #abc of the ,atomic ,energy ,act of #aied 7#db ,u4,s4,c4 #baec74 7#d7 ,extension of ,export-,import ,bank 7,a7 ,aggregate loan1 guarantee1 and insurance authority ,section #f7;a7 of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce;e7a77 is amended-- 7i7 in paragraph 7#b71 by striking #bjbj through #bjbg1 means #ace1jjj1jjj1jjj and inserting #bjbd through #bjcc1 means #bjj1jjj1jjj1jjj2 and 7ii7 in paragraph 7#c71 by striking ,if and inserting ,except as provided in section #af7;b77#b71 if4 7,b7 ,termination ,section #g of the ,export-,import ,bank ,act of #aide 7#ab ,u4,s4,c4 #fce;f7 is amended by striking #bjbf and inserting #bjcc4