New House Energy Proposal Draws Environmentalist, Industry Kudos

Dec. 28, 2020, 7:02 PM

A bipartisan pair of House lawmakers rolled out a bill on Monday that aims to invest significantly in clean energy infrastructure.

The Clean Energy Future Through Innovation Act of 2020 will quickly reduce carbon emissions, pour investment into a better energy system, and boost the economy by sparking new technologies, Rep. Kurt Schrader (D-Ore.), one of the bill’s sponsors, said in a statement. It targets an 80% carbon dioxide emissions reduction from the power sector by 2050.

  • The bill has drawn praise from both industry groups, such as the U.S. Chamber of Commerce, and environmental organizations, including the National Wildlife ...

To read the full article log in.

Learn more about a Bloomberg Law subscription