President Obama’s nominee for Secretary of Energy, Ernie Moniz, told senators in his confirmation hearing today that he supported Senator Coons’ plan to expand the list of energy technology projects eligible for the “master limited partnership” status.
The transcript follows:
SENATOR CANTWELL:
Do you see an opportunity, looking back at some of the resources that we have been talking about, as a way to better streamline — when you look at the marketplace and how things are being financed for — for clean energy solutions, do you see a better — a better way for us to make continued progress on clean energy solutions in — in the development of new technology?
DR. MONIZ:
Well, I’m certainly aware, and very interested in a number of discussions about different approaches, such as, you know extension of master limited partnerships, REITS to clean energy, and as those prove to be — and I know in — in the — here, members are also interested in those approaches. Those, or others that can help move a lot of, kind of private capital into the game would be very, very, very interesting and I would love to work on those with the members.