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Biden Climate Agenda Now Hinges on Rules Exposed to Rewrite (1)

Dec. 20, 2021, 2:05 AM

President Joe Biden will need to rely far more on regulation to meet his promise to cut greenhouse gas emissions in half by 2030, after his roughly $2 trillion economic plan and its crucial climate provisions suffered a potentially fatal setback in Congress.

The tax-and-spending bill rejected Sunday by West Virginia Democratic Senator Joe Manchin included a record $550 billion for climate measures, including a slew of tax credits for clean energy generators, the nuclear power industry and the makers of electric vehicles. As passed by the House, the Build Back Better bill included a first-time fee on the ...