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October 1, 2021

James Lucier quoted in Axios

"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.

Full article: