Policy

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

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