Bloomberg Law
Dec. 28, 2020, 7:02 PM

New House Energy Proposal Draws Environmentalist, Industry Kudos

Stephen Lee
Stephen Lee
Reporter
Kellie Lunney
Kellie Lunney
Reporter

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 ...

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