Nuclear Power 2020, Nuclear power, currently being generated in 30 countries, is already reducing carbon dioxide emissions by about two gigatons per year. That is the equivalent of taking more than 400 million cars off the road—every year. . He continued, Nuclear power now provides about 10 percent of the world’s electricity, but it contributes almost 30 percent of all low carbon electricity. Nuclear power will be essential for achieving the low carbon future which world leaders have agreed to strive for. . 3. International financial institution support for nuclear energy The Secretary of the Treasury shall instruct the United States Executive Director at the International Bank for Reconstruction and Development and, as the Secretary deems appropriate, the United States Executive Director at any other international financial institution (as defined in section 1701(c)(2) of the International Financial Institutions Act), to use the voice, vote, and influence of the United States at the institution to support financial assistance for the generation and distribution of nuclear energy, consistent with the national security interests of the United States. 4. Waiver authority The Secretary of the Treasury may waive the requirement of section 3 on a case-by-base basis upon notifying the Committee on Financial Services of the House of Representatives and the Committee on Foreign Relations of the Senate that the waiver is in the national interest of the United States, with a detailed explanation of the reasons therefor. 5. Progress report The Chairman of the National Advisory Council on International Monetary and Financial Policies shall include in the annual report required by section 1701 of the International Financial Institutions Act a discussion of any progress made in promoting international financial institution (as defined in section 1701(c)(2) of such Act) assistance for nuclear energy. 6. Sunset This Act shall have no force or effect after the date that is 10 years after the date of the enactment of this Act.