Climate Deal Combines Low-Carbon Programs With Fossil Concessions

July 28, 2022
The surprise $369 billion climate and energy budget reconciliation deal Senate Democrats have struck includes numerous tax incentives and investments to speed low carbon power and clean manufacturing, spur electric vehicles and efficient appliances, curb methane and other emissions and boost environmental justice funding at EPA. While those measures are winning praise from many Democrats and their supporters, the package also includes concessions to win support from Sen. Joe Manchin (D-WV), including language blocking leasing for offshore and onshore renewables...

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