“The most substantial federal investment in green technology in a decade includes billions for solar, wind, battery storage and carbon capture. Congress also agreed to cut the use of HFCs, chemicals used in refrigeration that are driving global warming.”
“In one of the biggest victories for U.S. climate action in a decade, Congress has moved to phase out a class of potent planet-warming chemicals and provide billions of dollars for renewable energy and efforts to suck carbon from the atmosphere as part of the $900 billion coronavirus relief package.
The legislation, which Congress approved moments before midnight Monday, wraps together several bills with bipartisan backing and support from an unusual coalition of environmentalists and industry groups.
It will cut the use of hydrofluorocarbons (HFCs), chemicals used in air conditioners and refrigerators that are hundreds of times worse for the climate than carbon dioxide. It authorizes a sweeping set of new renewable energy measures, including tax credit extensions and new research and development programs for solar, wind and energy storage; funding for energy efficiency projects; upgrades to the electric grid and a new commitment to research on removing carbon from the atmosphere. And it reauthorizes an Environmental Protection Agency program to curb emissions from diesel engines.”