To woo Manchin, Dems could OK climate funds for coal and gas plants

[Uncle Joe]

(snip)

The changes under consideration could make it easier for coal and natural gas power plants to receive billions of dollars in financial incentives for clean energy, a potential boon for fossil fuel producers in Manchin's home state.

But that shift could bring objections from progressive Democrats who want to see the incentives hasten the nation's transition to greener sources. Under the proposed change, as long as coal and gas plants were equipped with technology to capture their greenhouse gas emissions, they could qualify for a plan that would pay power companies to deploy more renewable power and impose fines on those that don't.

(snip)

Biden’s climate platform allowed for the deployment of carbon capture and storage technology, which proponents say would prevent heat-trapping gases from reaching the atmosphere. While that technology is not yet economically viable on its own for the U.S. power sector without subsidies, labor unions connected to the energy industry favor the technology, saying it could provide jobs even as the nation transitions to cleaner fuel sources.

Several of those unions sent a letter on Friday that was obtained by POLITICO to House Speaker Nancy Pelosi and Majority Leader Chuck Schumer, calling for the CEPP to better accommodate carbon capture technology.

(snip)

https://www.politico.com/news/2021/10/14/coal-gas-plants-climate-funds-515988

I believe if the reconciliation bill ever comes to fruition, this will be part of the deal.

[OnDoutside]

1. 100% agree. It's distasteful but if it gets the deal over the line, do it.

[Hugh_Lebowski]

2. Concur! (nt)

[lagomorph777]

4. Pay them to do carbon capture.

Let him argue against that.

[Crowman2009]

3. I doubt it, he's just gonna keep delaying until after the midterms are over.

We need more democrats in Congress so we can ditch him and Sinema to the side of the road. Let big daddy Koch and pharma give them a ride home.

[lagomorph777]

5. I agree - I'm tired of being pushed around by Koch suckers

[OnDoutside]

6. Actually they should go on the front foot against Koch. Use the

mechanisms of government to target his companies from so many angles that he's forced onto an uncomfortable defense. Currently the administration are just sitting targets from him, at a time of his choosing.

[lagomorph777]

7. Yes. Put him on the defensive.