Bill · S. 1446· Senate(119-S-1446)
Clean Energy Victory Bond Act of 2025
- Introduced
- 4/10/2025
- Last activity
- 4/10/2025 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Jeff Merkley
- Cosponsors
- None
- Introduced
- In Committee
What this bill would do
The Clean Energy Victory Bond Act of 2025 directs the Secretary of the Treasury to issue "Clean Energy Victory Bonds." These bonds are intended to fund clean energy projects, such as solar, wind, and electric vehicle infrastructure. The proceeds will be managed through a new Clean Energy Victory Bonds Trust Fund. The aggregate face amount of bonds issued annually cannot exceed $50,000,000,000. The bill aims to increase energy efficiency, create green jobs, and reduce dependence on foreign oil.
Yes· 3 of 16
Does this put more money into wind, solar and other renewable power?+9
The bill establishes a trust fund specifically to finance renewable energy projects and technology.
Does this cut the pollution that drives climate change?+8
The bill focuses on deploying renewable energy like solar and wind to mitigate climate change and reduce greenhouse gases.
Does this put more money into scientific research?+7
The bill provides funding for new innovation research, including support for ARPA-E.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Job Creation: Investments in renewable energy and energy efficiency projects are expected to create green jobs throughout the nation (Section 2).
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Support for Disadvantaged Communities: The Secretary must ensure at least 40 percent of expenditures each year go toward clean energy projects located in and reducing energy rates in disadvantaged and vulnerable communities (Section 5).
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Investment Opportunities: The bonds allow Americans to contribute financially to climate change efforts in amounts available to them, with denominations starting at $25 (Section 2 and Section 4).
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Financial Returns for Bondholders: Bonds will bear interest at a rate determined by the Secretary based on savings from reduced energy spending and interest collected on loans (Section 4).
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Energy Security and Cost Reduction: The bill seeks to reduce dependence on foreign oil and decrease nationwide health and environmental costs (Section 2).
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Broad Range of Clean Energy Support: The Trust Fund can finance various projects, including energy efficiency upgrades, electric grid enhancements, and zero-emission vehicle infrastructure (Section 5).
Potential Negative Impacts for People
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Financial Risk/Debt: While backed by the full faith and credit of the United States, the interest and principal payments are made from the general fund of the Treasury (Section 4).
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Limited Scope of Definitions: The definition of "clean energy project" is specific to certain technologies, such as solar, wind, geothermal, and electric vehicle infrastructure (Section 3).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+9Reduces Carbon Emissions+8Improves Environmental Protections+5Improves Public Transit+4Reduces Fossil Fuel Production+4
- Demographic And Interest Groups
- Good For Low Income Households+5Good For Native Americans+5Good For African Americans+4Good For Business Owners+4Good For Hispanic Americans+4Good For Middle Class Households+3
- Economy And Finance
- Increases Job Creation+6Improves Economic Growth+5
- Social Issues And Justice
- Improves Racial Equity+5Improves Poverty Reduction+3
- Education And Technology
- Increases Scientific Research Funding+7
- 4/10/2025
- Read twice and referred to the Committee on Finance.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.