GAO: DOE'S LOAN PROGRAM LACKS CONSOLIDATED DATA, COULD IMPROVE APPLICATION REVIEWS
The
Department of Energy has made $15 billion in loan guarantees and
conditionally committed to another $15 billion, but its loan guarantee
program lacks much-needed consolidated data on application status,
which could make easier efficient management and program oversight, a
new report from the Government Accountability Office (GAO) has found.
The report was released on Monday, just before Energy Secretary Steven
Chu defended the
Obama administration’s loan programs before a Senate committee. Read More »
Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
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