U.S. Congress and President Biden reach deal on historic Build Back Better Act with $555 billion in climate funding.
WASHINGTON — President Biden announced this morning that the White House and lawmakers have reached a deal on the Build Back Better Act, issuing a new framework that includes $550 billion in funding for climate action.
Conrad Schneider, Advocacy Director at Clean Air Task Force, said:
“This is an historic moment in U.S. climate policy, representing the largest ever American investment in climate action, with the potential to push a new generation of carbon-free technologies into the mainstream. We’re supportive of the top lines of the Build Back Better Act and look forward to working with Congress and the administration to refine the details and implement its programs.
This reconciliation package pairs well with the clean energy and climate provisions in the bipartisan infrastructure framework, and we look forward to seeing both bills pass as soon as possible.”
Troy Shaheen, Communications Director, U.S., [email protected], +1 845-750-1189.
About Clean Air Task Force
Clean Air Task Force (CATF) is a non-profit organization working to safeguard against the worst impacts of climate change by catalyzing the rapid global development and deployment of low-carbon energy and other climate-protecting technologies. We work towards these objectives through research and analysis, public advocacy leadership, and partnership with the private sector. With nearly 25 years of nationally and internationally recognized expertise on clean air policy and regulations and a fierce commitment to fully exploring all potential solutions. CATF is headquartered in Boston, with staff working virtually around the U.S. and abroad.