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
Democrats Seek Probe Into U.S. Oil and Gas Mergers - OilPrice.com
News OilPrice.com ·Fairhope water rates increase, going into effect April 1 - WKRG News 5
News WKRG News 5 ·Podesta's first day as US global climate boss - E&E News by POLITICO
News E&E News by POLITICO ·Initial observations on the SEC's new climate disclosure rules – the first 24 hours | Insights - Ropes & Gray LLP
News Ropes & Gray LLP ·U.S. Climate Envoy John Kerry is giving up the job title — but not the fight - KNAU Arizona Public Radio
News KNAU Arizona Public Radio ·State lawmakers pass bill phasing out natural gas | FOX 13 Seattle - FOX 13 Seattle
News FOX 13 Seattle ·State lawmakers navigate a hodgepodge of energy policy proposals with no clear direction • Kansas Reflector - Kansas Reflector
News Kansas Reflector ·State's climate program gives Californians credits on utility bills - Park Labrea News/Beverly Press
News Park Labrea News/Beverly Press ·Concessions can't save 'cursed' SEC climate disclosure rule from scrutiny - Compliance Week
News Compliance Week ·Florida Senate passes bill blocking local rules protecting workers from heat - NBC News
News NBC News ·State's climate plan adds carbon sequestration component - Coastal Review Online
News Coastal Review Online ·Climate Envoy John Kerry is giving up the job title — but not the fight - WKU Public Radio
News WKU Public Radio ·SEC approves first US climate disclosure rules: Why the requirements are much weaker than planned and the ... - Yahoo! Voices
News Yahoo! Voices ·Business Roundtable Statement on SEC's Final Climate Disclosure Rule - Business Roundtable
News Business Roundtable ·Newly Adopted SEC Rules Add Climate Change to Registration Statem - The National Law Review
News The National Law Review ·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)