![]() ![]() ![]() history, by far,” but also target lower consumer energy costs, an increase in American energy security, and reduce carbon emissions by roughly 40% by 2030, a summary of the proposal suggests. They represent the “single biggest climate investment in U.S. The measures stemming from the abrupt deal are included in the 725-page Inflation Reduction Act of 2022. Joe Manchin (D-West Virginia) announced they had reached an agreement to include a portion of them in a larger package geared to address record inflation. Less than two weeks after negotiations on clean energy and climate provisions within the reconciliation package hit an impasse and suggested their demise, Senate Majority Leader Chuck Schumer (D-New York) and Sen. Senate budget reconciliation proposal has prompted optimism from a range of energy sectors. The inclusion of an estimated $369 billion in energy security and climate change investments in a July 27 –unveiled U.S.
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