Since private banks will direct these loans, which are similar to business loans, market forces will decipher qualifying businesses. The loan program that this business-friendly market utilizes commits loans of up to $750 million; these loans will in turn augment the accessible capital for investing in renewable energies.

In favor of renewable energies, Berkley finds that Nevada is a perfectly suitable place for development and research. Nevada would provide the proper wind, solar, and geothermal energies.

Speaking of investment in renewables she said, "It improves our environment, it reduces our dependence on foreign sources of energy, and it reduces our reliance on fossil fuels and nuclear power." This loan program is seemingly effective as it will please American taxpayers while prove to be beneficial to the environment.

This bill is a promising solution to a problem which has troubled both the Democratic and Republican parties. Berkley has designed this loan program based upon similar programs accessible to small oil and gas producers. She is aware that such programs have been experimented with in the past, however, she feels strongly that this loan program will closely resemble its model after which it was designed.

Believing in the capabilities of the new bill, Berkley said, "By using market forces, this bill takes a practical approach to cleaner fuels and a healthier environment. This legislation takes a good step toward a more modern, forward thinking energy policy in this country."