WASHINGTON — An unexpected deal reached by Senate Democrats would be the most ambitious action ever taken by the United States to address global warming and could help President Joe Biden come close to meeting his pledge to cut greenhouse gas emissions in half by 2030, experts said Thursday, as they sifted through a massive bill that revives action on climate change weeks after the legislation appeared dead.
The deal announced late Wednesday would spend nearly $370 billion over 10 years to boost electric vehicles, jump-start renewable energy such as solar and wind power and develop alternative energy sources like hydrogen. The deal stunned lawmakers and activists who had given up hope that legislation could be enacted after West Virginia Sen. Joe Manchin said he could not support the measure because of inflation concerns.
Clean energy tax credits and other provisions in the 725-page bill could “put the U.S. on track to reducing emissions by 31-44% below 2005 levels in 2030,” according to an analysis released late Thursday by the Rhodium Group, an independent research firm.
Additional action by the Biden administration and Democratic-controlled states could “help close the rest of the gap to (Biden’s) target of a 50-52% cut in emissions by 2030,” said Ben King, the group’s associate director.
But approval of the bill is far from certain in a 50-50 Senate where support from every Democrat will be needed to overcome unanimous Republican opposition. Sen. Kyrsten Sinema, D-Ariz., who forced changes in earlier versions of the plan, declined to reveal her stance Thursday.
In the narrowly divided House, Democrats can lose no more than four votes and prevail on a possible party-line vote.
Still, Biden called the bill “historic” and urged quick passage.
“We will improve our energy security and tackle the climate crisis — by providing tax credits and investments for energy projects,” he said in a statement, adding that the bill “will create thousands of new jobs and help lower energy costs in the future.”
Environmental groups and Democrats also hailed the legislation.
“This is an 11th-hour reprieve for climate action and clean energy jobs, and America’s biggest legislative moment for climate and energy policy,” said Heather Zichal, CEO of America’s Clean Power, a clean energy group.
“Passing this bill sends a message to the world that America is leading on climate and sends a message at home that we will create more great jobs…
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