"Biden Crafts a Climate Plan B: Tax Credits, Regulation and State Action"

"The new strategy could deeply cut greenhouse gases that are heating the planet but it will still face considerable political, logistical and legal hurdles."

"WASHINGTON — After losing the centerpiece of his climate agenda just a week before heading to a major global warming summit, President Biden intends to make the case that the United States has a new plan that will still meet its ambitions to sharply cut greenhouse gases that are warming the planet.

The administration’s strategy now consists of a three-pronged approach of generous tax incentives for wind, solar and other clean energy, tough regulations to restrict pollution coming from power plants and automobile tailpipes, and a slew of clean energy laws enacted by states.

An analysis released this week by Rhodium Group, a nonpartisan analysis firm, found that strategy could technically fulfill Mr. Biden’s ambitious pledge to cut the country’s emissions 50 percent from 2005 levels by 2030. The United States is historically the largest source of the pollution that is heating the planet."

Coral Davenport reports for the New York Times October 22, 2021.


"AP Source: Manchin Agreeable To Wealth Tax For Biden Plan" (AP)

"Climate Advocates Who Backed Sinema Exasperated By Blocking Of Biden Bill" (Guardian)

"What’s In, And What’s Out, As Democrats Reshape Biden Bill" (AP)

"Dozens of Democrats Call For Spending Bill To Pass 'Climate Test'" (The Hill)

"Dem Leaders Eye Reconciliation Deal For Vote Next Week" (E&E News)

"‘We Have 90 Percent Of The Bill’: Dems Eye One-Week Dash" (E&E News)

"Deal on Biden’s $2T Plan Edges Closer; Harris Is ‘Confident’" (AP)

Source: NYTimes, 10/25/2021