Along the way to the $369 billion package, the West Virginia senator secured an array of concessions for his state and for the fossil fuel industry.
Tag: Tax Credits, Deductions and Exemptions
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Climate Bill ‘Transformative’ for Auto and Energy Industries
The Senate’s proposal aims to accelerate electric car sales and promote domestic battery manufacturing at China’s expense.
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Democrats’ Plan to Fight Inflation May Lower Costs Over Time
A package of tax increases, lower drug prices and other provisions aimed at reducing the federal budget deficit could alleviate rapid price gains.
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Seven Key Provisions in the Climate Deal
The $369 billion climate and tax bill would affect every aspect of U.S. energy production, with incentives for producers and consumers to move away from fossil fuels.
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Surprise Deal Would Be Most Ambitious Climate Action Undertaken by U.S.
The announcement Wednesday of an agreement in the Senate almost instantly reset the role of the United States in the global effort to fight climate change.