As billions in government subsidies were at stake, the electric utility industry shed its opposition to clean-air regulation and put its lobbying muscle behind passing President Biden’s climate bill.
As billions in government subsidies were at stake, the electric utility industry shed its opposition to clean-air regulation and put its lobbying muscle behind passing President Biden’s climate bill.
The new climate, tax and health law signed by President Biden extends a credit for electric vehicle buyers. But there are new strings attached that kick in at different times.
Democrats this weekend muscled through what would be the biggest expenditure ever by the United States to slow global warming, but you wouldn’t necessarily know from the name of the measure that it had anything to do with climate.
