Biden and Environmental Groups Try to Protect Climate Policies from Trump - The New Yor... - 0 views
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Mr. Trump has said he wants to erase virtually all of Mr. Biden’s climate policies, which include rules intended to slash carbon emissions from power plants, automobiles and oil wells. He intends to make it easier to drill on public lands and in waters where Mr. Biden put up roadblocks. And he has called for repeal of Mr. Biden’s signature climate law, the Inflation Reduction Act.
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The 2022 law provides at least $390 billion over 10 years in tax breaks, grants and subsidies for wind and solar power, electric vehicle battery production and other clean energy projects. Roughly 80 percent of the money spent in the first two years has flowed to Republican congressional districts, making a repeal politically challenging even if Republicans win complete control of Congress.
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“Canceling electric vehicle plants in Georgia and battery factories in South Carolina is a losing strategy,” Mr. Markey said, adding, “The problem for Trump is the green revolution is blue and red.”
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The U.S. Treasury has issued guidance for 21 of the 24 tax provisions in the climate law. By the end of this year, it will finalize the last rules detailing who can claim tax credits for hydrogen production and tax credits for any facility that generates energy without producing greenhouse gases, whether that’s wind, solar, nuclear, hydropower or another source.
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A handful of environmental regulations will be finalized, Mr. Podesta said. This week, the Interior Department issued two of them: a congressionally mandated plan for leases in the Arctic National Wildlife Refuge that the Biden administration is restricting to the smallest parcels permitted by law; and a blueprint for protecting the greater sage grouse by limiting drilling, mining and livestock grazing across nearly 65 million acres of its habitat in 10 Western states. The E.P.A. is also expected to issue restrictions on pollution from gas-fired power plants.
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Mr. Jealous of the Sierra Club said the environmental movement needed to do a better job of telling Americans how clean energy was creating jobs.
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“We are the movement that is literally leading this country and rebuilding the manufacturing sector,” he said. “Trump can’t change the reality that an overwhelming majority of Americans want more clean energy, not more fossil fuels. Through investments in the Inflation Reduction Act, we are creating millions of new clean energy jobs. Clean energy is already cheaper in most cases than dirty fossil fuels, and wind and solar now generate more power in the U.S. than coal.”