Key part of Biden’s climate agenda likely to be cut on Manchin’s opposition


© Reuters. FILE PHOTO: Chairman of the Senate Committee on Energy and Natural Resources Joe Manchin (D-WV) speaks during a hearing on a budget request for the Department of the Interior for 2022 on Capitol Hill in Washington, U.S., July 27, 2021. REUTERS/Joshua Robe

(Reuters) – A key part of U.S. President Joe Biden’s climate agenda – a program to rapidly replace the U.S. coal- and gas-fired power plants with wind, solar and nuclear energy – will likely be dropped from the budget bill pending in the U.S. Congress, the New York Times reported on Friday, citing sources.

Senator Joe Manchin, the Democrat from West Virginia whose vote is crucial to the passage of the bill, has told the White House that he strongly opposes the clean electricity program, the newspaper said, citing sources familiar with the matter.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here