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ARTICLE · 29 JULY 2022

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Historic Climate Change Bill Gains New Support

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On July 27, 2022, Senator Joe Manchin of West Virginia, a key vote in the United States Senate, announced that he would support legislation providing $369 billion for climate and clean...

United StatesEnvironment
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On July 27, 2022, Senator Joe Manchin of West Virginia, a key vote in the United States Senate, announced that he would support legislation providing $369 billion for climate and clean energy action in what could be the most ambitious climate bill ever passed by Congress.

The bill aims to provide billions of dollars in tax incentives to expand renewable energy production in the United States over the next decade, including in the areas of wind, solar, geothermal, battery and other clean energy industries. Companies would receive up to $30 billion in tax credits to expand the production of solar panels, wind turbines and batteries as well as incentives to keep nuclear power plants open. Individual Americans would also receive tax credits that incentivizes the purchase of electric vehicles and making their homes more energy efficient.

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