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 controversial Mountain Valley Pipeline is one of several projects the senator has negotiated major concessions for, benefiting his financial supporters.
Now that Senator Joe Manchin III of West Virginia is on board, the Arizona Democrat has emerged as the final holdout on Democrats’ domestic agenda. So far, she’s staying characteristically silent.
The $369 billion climate and tax bill would affect every aspect of U.S. energy production, with incentives for producers and consumers to move away from fossil fuels.
The West Virginia Democrat said he had relented and agreed to sign on to a climate, energy and tax package after returning to negotiations to draft a version that would combat inflation.
Senator Joe Manchin III of West Virginia led his party and his president through months of tortured talks, with nothing to show for it as the planet dangerously heats up.
