Time is running out on the ‘only chance’ for a climate bill

The House passed this budget reconciliation bill, an approximately $2 trillion climate and social policy bill, in November. But the bill, which all 50 Republicans and two Democrats in the chamber oppose, languishes in the Senate.

Without it or equally ambitious federal legislation, the United States, responsible for most of the carbon pollution of any country, will miss its goal of halving emissions by 2030 and eliminating them by 2030. by 2050, according to experts.

While the Republicans and senses. Joe Manchin III, DW.Va., and Kyrsten Sinema, D-Arizona, oppose the bill, senators are advancing in preliminary discussions on a separate climate and energy bill, Senator Sheldon Whitehouse, DR.I., said last week at an event hosted by Ceres, a nonprofit environmental advocacy organization.

This bill includes measures to accelerate the authorization of offshore wind energy, expand tax incentives for low-carbon energy sources, collect a charge on methane emissions and impose a tariff on goods energy-intensive such as steel, cement, fossil fuels and petrochemicals.

The text of the bill should be ready within weeks, said Whitehouse, who outlined pathways for reconciliation legislation and a separate climate bill.

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