The US’ Fresh Climate Outlook, Credibility

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  • US lawmakers are advancing legislation that will spend heavily to reduce greenhouse gas emissions by some estimated 40% over 2005 levels, driven by reductions from the power sector.
  • After years of US climate policy swinging wildly, the congressional effort to subsidize deployment of clean technology puts US energy policy on firmer footing for the next decade.
  • There is still a gap when it comes to what US President Joe Biden has pledged to do and what lawmakers are willing to agree to.

The Issue

Policy and Regulation, Carbon Capture (CCS), Low-Carbon Policy, Resource Access, Fiscal Terms, CO2 Emissions, Hydrogen
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