House Democrats' climate bill aims to achieve net-zero emissions by 2050
We can already draw some conclusions from yesterday's rollout of the "framework" for big climate legislation House Democrats are crafting through the powerful Energy and Commerce Committee.
Driving the news: The planned bill aims to achieve net-zero U.S. greenhouse gas emissions by 2050.
Its pillars include:
A "clean electricity standard" that forces utilities to provide 100% zero-carbon power, with escalating requirements beginning almost immediately.
New requirements for states to submit plans showing how they will meet net-zero emissions targets.
Requirements for the Federal Energy Regulatory Commission to deeply...