Environmental and climate advocates are praising some surprising gains in President Joe Biden’s latest $1.7 trillion Build Back Better package, which is taking some of the sting out of a scrapped carrot-and-stick plan to push coal and gas plants into retirement.
The wins—from big pots of climate resilience and environmental justice spending to an historic 10-year extension of clean energy incentives—would mark a profound shift for U.S. climate incentives and funding that were seen as unthinkable a year ago.
More than one-third of the $1.7 trillion is reserved for efforts to boost clean energy and combat climate change over the ...