Infrastructure Compromise Punts on Big-Ticket Gas Items

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President Joe Biden is backing a $1.2 trillion infrastructure bipartisan proposal that leaves out some of the big-ticket closely watched by the gas industry, such as a clean electricity standard and pipeline permitting reform. That leaves congressional Democrats to push a two-track approach to try to secure more ambitious clean energy measures through the partisan budget process -- leaving considerable uncertainty. Biden said Jun. 24 that a bipartisan proposal, which includes $579 billion in fresh infrastructure spending, would mean “transformational and historic investments” in clean transportation and power infrastructure, and climate resiliency.

Topics:
Carbon Capture (CCS), Low-Carbon Policy, Policy and Regulation, Electric Vehicles
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