Policy

US Democrats Aim for Pre-Glasgow Deal

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US congressional Democrats are hashing out a topline framework for slimming President Joe Biden’s initially $3.5 trillion package of climate and social reforms — in hopes of reaching a deal that would show the US is advancing climate policy ahead of the Glasgow talks. In doing so, Democratic leaders are eyeing carrots over sticks. Among the question marks are whether a methane fee on oil and gas operations survives the whittling down of Democratic climate priorities and how lawmakers ultimately decide to structure clean energy tax credits, including for carbon capture.

Topics:
Policy and Regulation, Low-Carbon Policy, Renewable Electricity , Carbon Capture (CCS), CO2 Emissions
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