
Senate passes $3.5T budget package with wins for clean energy, climate

Budget reconciliation provides a roadmap for Senate committees to direct the funding toward initiatives over the next decade, including many that align with President Biden’s goal of 80% clean electricity and 50% economy-wide carbon emissions reductions by 2030.
Here are some of the top-line items for climate and renewable energy in the budget reconciliation:
- Development of Clean Electricity Payment Program (referred to as the clean energy standard) that requires a stipulated amount of retail electricity sales to come from clean sources
- Consumer rebates to weatherize and electrify homes
- Financing for domestic manufacturing of clean energy and auto supply chain technologies
- Investments in clean vehicles
- Extension of solar tax credits
Renewables permitting has been ‘paralyzed’ by Trump – This Week in Cleantech
This Week in Cleantech is a weekly podcast covering the most impactful stories in cleantech and climate in 15 minutes or less.
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