"Democrats in U.S. House Introduce Wide-Ranging Climate Bill"

"WASHINGTON - Three Democratic lawmakers in the U.S. House of Representatives unveiled a wide-ranging climate bill on Tuesday that embraces President Joe Biden’s goals to curb climate change including decarbonizing the electric grid by 2035.

Introduced by Representatives Frank Pallone, Paul Tonko and Bobby Rush, and incorporating input from the Biden administration, the bill includes a federal clean electricity standard requiring a percentage of retail power sales to come from sources that produce little or no carbon emissions.

The Climate Leadership and Environmental Action for our Nation’s Future Act, or CLEAN, requires 80% clean electricity by 2030 and 100% by 2035.

The power could come from sources including wind, solar and existing nuclear energy. That could provide a boost to nuclear power, an industry experiencing shutdowns amid low prices for natural gas, a competing fuel."

Timothy Gardner reports for Reuters March 2, 2021.

Source: Reuters, 03/03/2021