Voters' frustration with high energy prices and the likelihood that Democrats will lose control of the House in November have made progressives more open to a deal.
Without dramatic action to curb carbon emissions and adapt to unavoidable change, experts say the damage wrought by rising temperatures will only get worse.
The legislation would increase tax breaks for carbon capture and carbon removal by 70 percent, potentially yielding payouts large enough to wipe out some companies’ income tax bills.