Manchin Hasn’t Killed Biden’s Climate Agenda (Yet)
A story in the New York Magazine cites recent modeling about reconciliation policies that could reduce power-sector emissions.
A separate study indicates that BBB’s clean-energy tax credits will go a long way toward decarbonizing the U.S. power sector by themselves. According to an estimate from Resources for the Future, absent any policy change, emissions from power generation in 2030 will be 43 percent lower than they were in 2005. If the Democrats pass Build Back Better’s green tax credits, power-sector emissions will be 72 percent lower in 2030; with both the CEPP and tax credits, it will be 81 percent lower.
