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A debt ceiling compromise reached by President Biden and House Speaker McCarthy would cut NEPA review times but would not roll back IRA climate provisions.
Sen. Joe Manchin called on colleagues to put politics aside and hammer out a bipartisan bill to accelerate permitting of energy and transmission projects.
The EPA administrator said his agency’s proposed CO2 emission standards for power plants target “the most egregious sources” without compromising reliability.
Biden may not agree with all provisions in Sen. Manchin’s permitting bill, but he will support it to start negotiations in the Senate, a key adviser said.
Congressional Republicans stepped up attacks on the Biden Administration's energy policies this week, attempting to leverage the debt ceiling to force change.
The Treasury Department's revised list of EVs qualifying for federal tax credits provided mixed news for U.S. and foreign automakers and prospective buyers.