Democrats Include Major Climate Policies In Tentative Budget Agreement

Senate Democrats’ agreement on a framework for a forthcoming $3.5 trillion budget “reconciliation” package reportedly includes several major climate policies that environmental groups have long sought, though the deal is far from enactment and still faces competing pressures from moderate and progressive lawmakers. In addition to widespread reports that the agreement includes a clean electricity standard (CES) to curb power sector carbon emissions, multiple outlets and lawmakers say the agreement includes a tax based on the carbon content of imported...