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
California Approves a Wave of Aggressive New Climate Measures
News The New York Times ·US to see renewable energy boom in wake of historic climate bill
News The Guardian ·'Smart glass' is coming to a building near you
News Axios ·Climate law seen driving ‘demand destruction for fossil fuels’
News E&E News ·Expansion of Clean Energy Loans Is ‘Sleeping Giant’ of Climate Bill
News The New York Times ·Democrats Designed the Climate Law to Be a Game Changer. Here’s How.
News The New York Times ·The New US Climate Law Will Reduce Carbon Emissions and Make Electricity Less Expensive, Economists Say
News Inside Climate News ·Federal study: New climate law to slice carbon pollution 40%
News The Associated Press ·Carbon Capture Plays an Outsized Role in the Inflation Reduction Act’s Emissions Reductions
News Inside Climate News ·Climate bill’s unlikely beneficiary: US oil and gas industry
News The Associated Press ·Mining companies strike gold with new climate law
News E&E News ·Electric cars to solar panels: tax breaks in Biden’s climate law for Americans
News The Guardian ·State climate action could be supercharged by the Inflation Reduction Act
News The Washington Post ·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)