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Why the climate bill's Senate passage matters
Congress is poised to pass the most important climate bill in U.S. history, the first step in a years-long effort to transform the measure into a massive, real-world expansion of clean energy.
The big picture: If the House approves the Senate-passed bill unchanged, sending it to President Biden’s desk, it has a plausible chance of slashing domestic emissions and resetting the dynamic in global climate talks.
Related Knowledge Center: Climate legislation
State of Play
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.