It’s unclear how Democrats would assuage the concerns of moderates like Sen. Joe Manchin (DW.Va.). Still, Schumer’s comments represent significant buy-in from leaders as environmental activists and Democrats push U.S. businesses to support their climate efforts as part of the reconciliation plan.
On Sunday, Manchin looked cold at a centerpiece of Democratic plans to tackle climate change, a national clean electricity program that would pay utilities to regularly expand their clean electricity portfolio while penalizing those who don’t. .
“It doesn’t make sense to me to take billions of dollars and pay utilities for what they’re going to do during the market transition,” he said on CNN.
Schumer has previously argued to fellow Democrats that the electricity program, officially dubbed the Clean Electricity Payment Program, and a series of clean energy tax credits would be responsible for more than 40% of total emission reductions. envisaged within the framework of the democratic plan.