Laws & Regulations

Biden To Sign Massive Climate And Health Care Legislation Tuesday

"President Joe Biden will sign Democrats’ landmark climate change and health care bill on Tuesday, delivering what he has called the “final piece” of his pared-down domestic agenda, as he aims to boost his party’s standing with voters less than three months before the midterm elections."

Source: AP, 08/16/2022

"House Passes Sweeping Climate, Tax and Health Care Package"

"Congress gave final approval on Friday to legislation that would reduce the cost of prescription drugs and pour billions of dollars into the effort to slow global warming, as House Democrats overcame united Republican opposition to deliver on key components of President Biden’s domestic agenda."

Source: NYTimes, 08/15/2022

"Climate Bill Improves Air Quality Despite Fossil Fuel Benefits"

"Marginalized communities inundated with air pollution could be some of the biggest beneficiaries of the tax and climate bill. Environmentalists say the bill would bring potentially transformative local air quality gains, despite a tradeoff of benefits to the fossil fuel industry."

Source: Bloomberg Environment, 08/12/2022

Sinema’s Push On Climate Bill Added $4 Billion To Combat Western Drought

"When Sen. Joe Manchin III and Senate Majority Leader Charles E. Schumer landed a surprise agreement on a healthcare, climate and tax bill last month, all but one Senate Democrat accepted the deal rather than risk collapse with further negotiation."

Source: LA Times, 08/12/2022

"Climate Bill Targets Transmission to Unjam Clean Energy Backlog"

"Senate Democrats’ climate bill includes $3 billion in loans and grants for electric transmission projects—money that, in addition to tax incentives for electricity generators, would break down a significant barrier to a large-scale clean energy rollout, advocates said."

Source: Bloomberg Environment, 08/10/2022

Conceding to Manchin, Bill Exempts Most Oil Industry From Methane Fees

"The U.S. Senate climate bill’s fee on oil and gas industry methane emissions will cover less than half the sector’s releases of the powerful greenhouse gas, thanks to concessions made to win over party holdout Joe Manchin, according to a review of the legislation and interviews with lawmakers that negotiated it."

Source: Reuters, 08/10/2022

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