Friday, November 22, 2024

Report offers ways to improve climate, infrastructure laws

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Congress can improve the Inflation Reduction Act and the bipartisan infrastructure law to attract more private sector interest, according to a report from the Sustainable Energy and Environment Coalition Institute.

The report is the first from the new research arm of the Sustainable Energy and Environment Coalition, a group of roughly 100 House Democrats.

The document spotlights four specific initiatives from the Inflation Reduction Act and the Infrastructure Investment and Jobs Act: expansion of the Department of Energy’s Loan Program Office, EPA’s Greenhouse Gas Reduction Fund, the agency’s Climate Pollution Grant Program and a series of cost-share grant programs at various agencies.

Republicans have vowed to claw back funding for such programs if they win next week’s elections, but the SEEC Institute executive director, Max Frankel, said the group’s road map could benefit either party.

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