The nearly $370 billion in climate and energy security provisions in the long-delayed budget reconciliation deal struck by Democrats in the U.S. Senate on Wednesday were thin on details but highly praised by clean-energy proponents.
Early versions of the bill had $555 billion in tax breaks for clean energy such as wind and solar power as well as batteries and nuclear reactors.
"It's an absolutely transformative package," said Stokes. She said the bill would boost American manufacturing in everything from batteries to solar energy to electric vehicles and contains the largest environmental justice investment ever. Democrats hope to pass the bill by a simple majority in the Senate. The bill must also pass the House, where Democrats also have a razor-thin majority, and be signed by Biden.
Senator Joe Manchin, a conservative Democrat and the swing vote who has received more donations from oil and gas companies than any other lawmaker in recent years, had pushed for companies to not face the fee if they were unable to build a pipeline to carry the gas to market. Democrats, he added, "have committed to advancing a suite of commonsense permitting reforms this fall that will ensure all energy infrastructure, from transmission to pipelines and export facilities, can be efficiently and responsibly built to deliver energy safely around the country and to our allies."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Democrats Are Now Favored to Win the Senate Due to 'Weak' Republican Choices, FiveThirtyEight SaysFor the first time this election cycle, FiveThirtyEight says that Democrats have a better shot of retaining control of the Senate than Republicans have of winning, due in part due to Republicans selecting “weak candidates” in some key races .
Consulte Mais informação »
Biden presses computer chips case in advance of Senate votePresident Joe Biden is asking Congress to move quickly to send to him a bipartisan bill designed to boost the computer chips industry and high-tech research in the United States.
Consulte Mais informação »
Bill to Boost U.S. Chip Production and Competition With China Clears Key Senate HurdleThe CHIPS-plus bill includes roughly $52 billion in funding for U.S. companies producing computer chips, among other provisions.
Consulte Mais informação »
China targeted the Fed for more than a decade, Senate report findsLawmakers accused the Chinese government of “malign efforts to target, influence and undermine the U.S. Federal Reserve” in a report released Tuesday.
Consulte Mais informação »
The country has a major microchip problem -- and the Senate has a $52 billion solutionThe bill that Senate lawmakers are hoping to advance this week allocates $52 billion to spur domestic research and development of microchips and grants tax incentives for manufacturing.
Consulte Mais informação »