Six investments included in recently produced legislative text for President Joe Biden’s $3.5 trillion, 10-year budget would cut nearly 1 billion tons of U.S. greenhouse gas emissions by 2030, a non-partisan research group said in a Sept. 15 analysis.
“Up until this point, estimating the greenhouse gas emissions implications of congressional action has been challenging because of a lack of legislative text,” the Rhodium Group study said, but as key committees involved with energy and climate recently report out and mark up their contributions to the bill, “the picture is becoming clearer.”