Wednesday, March 03, 2021

House Democrats reintroduce road map to carbon neutrality by 2050

House Democrats on Tuesday introduced a revamped version of a major bill aiming to get the country on the road to carbon neutrality by 2050. “Today’s introduction of the CLEAN Future Act promises that we will not stand idly by as the rest of the world transitions to clean economies and our workers get left behind, and that we will not watch from the sidelines as the climate crisis wreaks havoc on Americans’ health and homes," said House Energy and Commerce Committee Chairman Frank Pallone Jr. (D-N.J.) in a statement. The latest edition of the legislation, introduced by Pallone and Reps. Paul Tonko (D-N.Y.) and Bobby Rush (D-Ill.), also sets an interim target of reducing the country’s greenhouse gas emissions to no more than half of what they were in 2005 by 2030. One of the ways it plans to reach its goals is through a clean electricity standard, under which power retailers would need to provide 80 percent of their electricity from clean sources by 2030 and 100 percent by 2035. This lines up with President Biden’s stated goal of achieving a carbon-free power sector by 2035, and is 15 years more ambitious than the previous bill’s goal of a decarbonized power sector by 2050...MORE

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