Senate Deal Puts US Back in Climate Fight With ‘Huge’ CO2 Cuts

July 28, 2022, 6:28 PM UTC

The legislation that emerged by surprise Wednesday from negotiations among Senate Democrats, if passed into law, would potentially revive what once looked left for dead: President Joe Biden’s commitments to curb US emissions under the Paris Agreement.

Climate and energy provisions in the legislation are sufficient to cut US carbon dioxide emissions 40% by 2030, according to experts who specialize in climate modeling. That backs up claims made by Democrats in presenting the agreement between West Virginia Senator Joe Manchin and Senate Majority Leader Chuck Schumer. And the price tag alone would make it a landmark in the American response to ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.