Democrats Brace For GHG Effect Of Cutting CEPP From Budget Plan

As Democrats appear poised to cut the Clean Energy Performance Standard (CEPP), a key feature of the Biden administration’s climate agenda, from their emerging budget deal, they are facing the prospect of falling well short of their greenhouse gas reduction targets, particularly for the power sector, according to several recent analyses. As such, lawmakers are scrambling to either shore up the climate elements in the bill -- or come to grips with reduced legislative ambition on emissions -- just two...