1. No Spending + Infrastructure Bills Before COP

Congressional Democrats and the White House announced a new $1.75 trillion spending bill agreement and punted a vote on the infrastructure bill to next month.
What’s in what’s out of reconciliation? The domestic spending bill includes a number of energy provisions. See more from E&E Daily.
In: Expanded 45Q tax incentive for carbon capture and direct air capture…..the establishment of a nuclear production tax credit focused on preserving existing nuclear facilities across the country….. a new financial incentive for domestic hydrogen production….. Support for advanced industrial tech deployment program.
Out: At least one controversial provision noticeably left out of the spending bill — the Clean Electricity Performance Program (CEPP).
Plug in: American power companies, as well as some Democrats, criticized the CEPP as unworkable and something that may stifle innovation for new advanced energy technologies only to reward existing technology like wind and solar.
The infrastructure bill that passed the Senate this summer includes funding for the demonstrations authorized in the bipartisan Energy Act of 2020 as well as infrastructure investments for carbon capture, direct air capture, and hydrogen. The House passed a short term reauthorization of the surface transportation bill until December 3, delaying action on the Senate’s bipartisan bill until then.
|