"The House Energy and Commerce Committee passed a historic suite of climate and environmental policies in a marathon two-day markup, kicking off a pressure campaign as Democrats look to move quickly on their $3.5 trillion budget reconciliation package.
The panel’s $456 billion section of the bill includes funding for a huge variety of programs to boost electric vehicles, electric transmission and environmental justice, as well as a fee on methane emissions at oil and gas facilities (E&E Daily, Sept. 14).
The most consequential piece of the E&C portion, however, is the $150 billion Clean Electricity Performance Program, or CEPP (E&E News PM, Sept. 14). Along with the tax credit expansions making their way through the Ways and Means Committee this week, Democrats are hoping the policy could transform the power sector to 80 percent clean energy by 2030.
The panel, chaired by Rep. Frank Pallone (D-N.J.), is looking to wrap up its broader bill today after two days and more than two dozen hours of debate, but the most difficult political fights are still to come."