US Senate Democrats urge Biden to declare climate emergency - BusinessWorld Online

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US Senate Democrats urge Biden to declare climate emergency - BusinessWorld Online
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Two US Senate Democrats urged President Joe Biden on Monday to declare a climate emergency and use the Defense Production Act to ramp up production of a wide range of renewable energy products and systems including solar panels.

Mr.Democratic Leader Chuck Schumer had been in talks about $300 billion in tax credits for industries including solar and wind power, carbon capture from power plants, and nuclear power, which generates virtually emissions-free electricity.Whitehouse said he spoke to the White House about the need to move forward with aggressive executive action, but shared no details.

It was not clear, however, how far the White House could go, after the Supreme Court last month effectively restricted the Environmental Protection Agency from issuing emissions rules involving matters of major “economic and political significance.” –

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