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May 21, 2024

Build Back Better Act

The White House
What’s in the Inflation Reduction Act, Part 1
The Inflation Reduction Act carries the same number as the Build Back Better Act, but its $670 billion falls far short of the original $2.2 trillion.
U.S. Senate
Schumer, Manchin Reach Climate Deal
Senate Majority Leader Chuck Schumer and Sen. Joe Manchin announced a deal on a climate package that Democrats will seek to enact on a party-line vote.
The White House / © RTO Insider
Biden: ‘I Will not Back Down’ on Climate Action
With Sen. Joe Manchin shutting down negotiations over a package that includes clean energy incentives, many suggest answers to the question of what comes next.
© RTO Insider LLC
Response to Russian Invasion Undermining Budget Reconciliation Effort, Former Murkowski Aide Says
Bipartisan efforts to craft a response to Russia’s invasion of Ukraine are threatening tax breaks for renewables and storage, a former Senate aide told EBA.
International Energy Agency
Renewable Industry Banking on Trade Bill, Tax Incentives in 2022
Supply chain challenges and trade and tax legislation were recurrent themes in discussions at the ACORE Policy Forum.
© RTO Insider LLC
Congressional, White House Officials Hopeful for Passage of Tax Credit Package
Word that Sen. Joe Manchin is open to a scaled-back version of the Build Back Better Act buoyed speakers at the ACORE Policy Forum.
© RTO Insider LLC
Russia Top of Mind at CERAWeek 2022
Most speakers at CERAWeek addressed Russian’s invasion of Ukraine and the alarming upheaval in energy, commodity and financial markets it has created.
Wood Mackenzie
Solar Growth Expected to Slow from Supply Chain Challenges, Rising Prices
Supply delays and rising prices will cut U.S. solar growth this year but petroleum price shocks from Russia’s invasion of Ukraine will help the sector recover.
Clean Air Task Force
Carbon Capture Needed for ‘Last-mile Decarbonization’
Fifty-one carbon capture and storage projects were announced in the U.S. in 2021, more than the total of all projects announced in the previous three years.
Nasdaq
EEI Urges Passage of Renewable Tax Credits
In its yearly Wall Street briefing, the Edison Electric Institute stressed the importance of extending federal tax credits for renewable resources.

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