The Senate Energy and Natural Resources Committee held a hearing on clean energy financing opportunities on July 18. Senator Chris Coons (D-DE) testified on his bill S. 795, the Master Limited Partnerships Parity Act. Department of Energy Loan Program Office Executive Director Peter Davidson spoke about changes to the office, such as streamlining the application process. Financing opportunities discussed include master limited partnerships, real estate investment trusts, state green banks, tax reform, and placing a price on carbon. Senator Al Franken (D-MN) discussed his bill S. 1205, the Local Energy Supply and Resiliency Act of 2013, and praised combined heat and power and biomass. Mr. Davidson said the loan program’s new fossil solicitation will focus on lowering carbon footprints; energy efficiency projects as ways to reduce fossil energy use, such as combine heat and power projects, will be considered.