$3.5 trillion economic plan's politics heat up and the utility sector anxiously awaits movement
- Oct 11, 2021 5:38 am GMT
The $3.5 trillion economic plan remains the hottest conversation in U.S. domestic politics as President Joseph Biden's marquee policy proposal edges closer to its fate. Whether that fate is a narrow passage or a narrow defeat remains to be seen. The bill still remains unpassed in the Democrat-run House and some serious politicking is happening in the Senate where only a few votes need persuading, even if those votes are far from a definitive yes.
As the bill works itself out, hanging on their seats are the energy and utility sectors, who, if passed, will have significant responsibilities thrust upon them through one of the bill's focal climate and energy proposals: the Clean Energy Performance Program. The proposal will look to essentially overhaul the energy sector in America to an industry and is what many see as a crucial swing at addressing the increasing climate crisis.
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