How the Build Back Better Act Could Fight the Climate Crisis

How the Build Back Better Act Could Fight the Climate Crisis

2021-11-24T17:26:58+00:00November 24th, 2021|Solar Energy|



Investments in clean technology, lower greenhouse gas emissions, and more — here are a few ways the Build Back Better Act aims to fight the climate crisis.
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The Build Back Better Act would tackle the climate crisis in 3 major ways:
1) Lowering emissions
2) Major investments in clean technology
3) Environmental justice

No country has emitted more greenhouse gases into the atmosphere than the U.S. The Biden admin has committed to reducing greenhouse gas emissions by 30% by 2030. The Build Back Better Act would support this goal by removing incentives for fossil fuel & chemical production. It would bring back Superfund taxes, reduce international subsidies for oil and gas, impose new restrictions on offshore drilling, and require oil & gas companies to address methane pollution.

The BBBA would invest nearly $300B in clean energy tax credits. These work as incentives for the manufacturing of clean electricity, clean vehicles, clean buildings, and will help towards decarbonizing the industrial sector. By growing the domestic supply chain of solar, wind, and electric vehicle industries, the bill is expected to create hundreds of thousands of jobs. An additional $12B will go toward consumer rebates, which would make shifting to renewable energy more affordable for Americans. The plan invests $3B in grants for environmental justice communities for community capacity building and pollution reduction. A new Clean Energy Accelerator program will directly fund clean energy projects and deliver 40% of the benefits to disadvantaged communities. The BBBA would also create a new Civilian Climate Corps, which will employ 300,000 Americans in a new climate workforce in their own communities.

House Speaker Nancy Pelosi said the House will vote on the BBBA act this coming week. The bill also commits billions to supporting Indigenous climate leadership, climate-smart agriculture, healthy forests and land conservation. In addition to the Build Back Better Act, Congress passed a bipartisan infrastructure bill in November, which also invests billions in transitioning to clean energy and combating climate change.

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