The intrigue: A separate new analysis by Resources for the Future, a nonpartisan think tank, also explores Capitol Hill proposals with similarities to the Democrats' plan.
- They model several scenarios. Under one of them, expanded energy and EV tax incentives and the proposed new financial help for utilities — called the Clean Electricity Performance Program — would together meet almost four-fifths of Biden's target.
- Adding carbon pricing makes up the gap, but pricing proposals have little political traction.
Yes, but: The political pathway for the Democrats' $3.5 trillion package of health care, social safety net and energy provisions is extraordinarily uncertain, and it could be significantly scaled back or die.