Strategic Resources Non-discrimination Act

Key Points

• Would limit how the President can use Defense Production Act powers when dealing with domestic energy supplies, except for environmental protection.
• Would bar the President from denying certain Defense Production Act financial support (for non-energy production) just because a company works with fossil fuels.
• Could affect which companies qualify for government-backed loans or investments tied to national needs, even if those companies also explore, produce, transport, or sell fossil fuels.
• Supporters may say it stops “blacklisting” fossil-fuel-linked firms; critics may worry it makes it harder to steer support away from fossil fuels except on environmental grounds.