Potential for an Energy Package Ewelina Czapla Executive Summary An energy package that would boost funding for myriad clean-energy initiatives may be incorporated in the fiscal year 2021 omnibus spending bill. The package is the culmination of a various bills and energy packages from both chambers of Congress, and includes provisions that would support the development and deployment of innovative technologies necessary for transitioning away from carbon-intensive energy production and reducing emissions. While the package would serve as meaningful climate legislation, it does not address more controversial issues such as emissions targets, environmental justice, or a carbon price.
Introduction Congress this week released the language of a compromise energy package that may be attached to the fiscal year 2021 omnibus spending bill.[1] The package would be the most significant energy legislation passed in years and would serve as some of the first meaningful climate legislation. While it fails to address controversial issues, its provisions target sectors and industries where meaningful change could have an impact in combating climate change.