Climate legislation
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.
The Latest
Shake-up of arbiter of corporate climate plans - Financial Times
News Financial Times ·Shake-up of arbiter of corporate climate plans
News Financial Times - Energy ·Cultural heritage matters when it comes to combating human-created climate change - WUSF Public Media
News WUSF Public Media ·Study finds heat pumps more efficient than gas or oil - Tech Xplore
News Tech Xplore ·Carrier launches new series of high-temperature heat pumps - pv magazine USA
News pv magazine USA ·EU lawmakers vote to sharply increase bloc's renewable energy target - Financial Times
News Financial Times ·EU lawmakers vote to sharply increase bloc’s renewable energy target
News Financial Times - Energy ·A year on from the IRA: A lawyer’s view from past to future
News Energy-Storage.News ·‘Beginning of the end’ of fossil fuel era approaching, says IEA
News The Guardian - Energy ·New York’s largest university will divest from fossil fuels in win for student activists
News The Guardian - Energy ·World at 'beginning of end' of fossil fuel era, IEA says - Financial Times
News Financial Times ·Heat and Hurricanes: What Keeps the N.Y.C. Climate Chief Up at Night - The New York Times
News The New York Times ·FAQs
Reconciliation is the process of changing laws to adjust spending or revenues to meet overall targets in the budget resolution. Reconciliation instructions to each congressional committee are included in the budget resolution, which is passed by both chambers but does not require the president’s signature. Committees then adopt the provisions within their jurisdictions to be bundled in the budget reconciliation bill, which must be passed by both chambers and signed by the president. In the Senate, reconciliation legislation cannot be filibustered, and requires only a simple majority vote.
Key bills
H.R. 3684: Infrastructure Investment and Jobs Act
H.R. 5376: Build Back Better Act (Inflation Reduction Act) (GovTrack.us)
H.R. 5376: Build Back Better Act (Inflation Reduction Act) (Congress.gov)
Resources
Congressional Budget Office: Estimated Budgetary Effects of H.R. 5376, the Inflation Reduction Act of 2022
Congressional Research Service: Inflation Reduction Act: Agricultural Conservation and Credit, Renewable Energy, and Forestry
Congressional Research Service: Tax Provisions in the Inflation Reduction Act of 2022 (H.R. 5376)