Senators are expected to vote this week on a resolution regarding the Green New Deal, a Democratic proposal to tackle climate change through an unprecedented uptick in government spending on clean energy.
Texas Senator John Cornyn’s plan to overhaul U.S. biofuels policy faces resistance from the oil and ethanol sectors, reducing chances of a reboot to the controversial regulations, sources familiar with the matter said.
House and Senate negotiators have agreed to spare the electric-vehicle tax credit and wind production tax credit in their compromise package, according to a Republican familiar with the process.
