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"The rickety state of climate legislation" by Ben Geman
James Lucier quoted in Ben Geman's Axios article, "The rickety state of climate legislation"
The article reads:
Democrats' climate vision will be downsized. Sen. Joe Manchin dug in Thursday on his insistence that $1.5 billion is the max he'll accept in the catch-all, Democrats-only social safety net and clean energy package.
It's highly unlikely a politically viable plan could match robust energy incentives and spending in the $3.5 trillion House plan.
The House package includes, for instance, electric vehicle incentives up to $12,500 per buyer and a major new program of financial support for utilities to boost clean power.
"We think the $150 billion Clean Electricity Performance Program (CEPP) would likely be the first element to go in the transition to a smaller bill," Capital Alpha Partners said in a note.