CEPP and BBB Senate votes and explanations

There is always some opposition when it comes to passing game-changing climate policies in the United States.Even as The climate crisis will be even more dire, And watches are ticking to do something about it, the road to slimming emissions and boosting the green economy is not that easy.

One of the main examples of current news is Build Back Better (BBB) ​​PlanA large-scale policy bill that covers everything from reducing emissions in the transportation sector to creating jobs and reducing medical costs. And the bill isn’t just talking. According to Megan Mahajan, Energy Policy Design Manager, Think Tank Energy Innovation, this package represents “the most important climate law in US history.”

However, most of its carbon chopping power depends on the Clean Energy Performance Program (CEPP). The suggestions summarized in the BBB text seem to accelerate the transition to a completely clean energy grid (something Biden). Set goals for 2035) Give utilities financial incentives to increase renewables such as solar and wind by 4% each year, or penalize them otherwise. According to a report in September, CEPP alone Expand the US workforce with 7.7 million jobs and inject $ 907 billion into the economy.

Utilities are already increasing their investment in renewables because of their affordability, but the pace is not fast enough to get the country on track, says Mahajan. An increase of 4% each year will bring the energy mix to about 70-80% in 2030, but in normal business, by the same date, Americans will be about 48%.

[Related: Solar power got cheap. So why aren’t we using it more?]

“Wind and solar are some of the cheapest resources on the market, so there has been a lot of progress from utilities towards them, but CEPP will start it in earnest,” Mahajan said. Mr. says.

But to pass a huge bill, all 50 Democratic senators need to vote in favor. The main supporters to date have been Senator Joe Manchin. [D-WVa].. Manchin, who represents a coal-mining state, opposes the CEPP with concerns that the addition will “pay using taxpayer dollars to do what private companies are already doing.” Said the politician E & E News..

vice versa, Recent studies by Mahajan and her colleagues Shows that CEPP is needed in the fight to curb CO2.. Their policy model found that this program would reduce US emissions levels by about 45% between 2005 and 2030, when the Kyoto Protocol was inaugurated. This is a large chunk from Biden’s goal of 50-52%. Without it, the country would only get two-thirds of the BBB’s modeled savings, Mahajan says. “This is a very impressive package, but of course losing CEPP means a big hole,” she adds.

Of course, if the Senate does not pass the CEPP, there is still hope.Senator Tina Smith [D-TK]A major supporter of CEPP, has already begun to look for alternatives in the event of a program interruption.

“If a clean power program doesn’t work, we need to understand how to fill that gap,” Smith said. Said Washington post.. “And that’s what we’re working on.”

[Related: Maine is making companies foot the bill for recycling]

Needless to say, even in the perfect world with CEPP, the United States needs to make other changes to reach its goal of reducing emissions by 50-52%. This opens the door for other entities, from municipalities to regulators such as EPAs, to take charge of greenhouse gas reduction activities.

“In our view, the actions of as many parliaments as possible will be very important in laying the foundation for achieving the goals, but there is room for action in state and local governments as well. “Mahjan says. “The state has been a very powerful actor for emission reductions in the past, and there is room for additional reductions in addition to the federal actions we get.” CEPP and BBB Senate votes and explanations

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