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Policy

Surprise US Legislation Could Advance Key Technologies

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Senator Joe Manchin Speaking with Reporters

US Democratic Senate leaders unveiled details of a surprise legislative compromise last week that includes a significant chunk of new clean energy spending that could accelerate key technologies if the legislation clears. These come alongside some prizes for fossil fuels — including required US Gulf of Mexico oil and gas leasing — which are also included in the 725-page bill in order to snag support from key swing vote US Sen. Joe Manchin (D), who hails from fossil fuel-dependent West Virginia. The bill was released Jul. 27, signaling an agreement between Manchin and US Senate Majority Leader Chuck Schumer (D-New York) after legislative efforts crashed and burned late last year.

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