"America's pent-up thirst for climate change policy"
View on Axios website"By the numbers: The intricate system recognizes regional differences, but overall sponsors say it would cut power-sector emissions by nearly 80% in 2035 (relative to 2005 levels) and get close to net-zero by mid-century. Modeling by the nonpartisan think tank Resources for the Future concludes it would . . .
- Boost renewables to 56% of total generation in 2035 and avoid retirement of 43 gigawatts of nuclear capacity by that date.
- Cut fossil fuel generation to 26% of the nationwide total by 2035, while increasing average retail electricity rates by 4%.
"Of note: RFF helped with technical analysis during the development of the legislation."
