Why it matters: It's a big but also detailed marker and clearly has plenty of advance organizing behind it.
- And it shows how Democrats are starting to try and gain traction for specific ideas should a political window open in years ahead.
- It's the latest iteration of a proposed national clean power standard, an idea floating around in some form for a decade.
By the numbers: The intricate system recognizes regional differences, but overall sponsors say it would cut power-sector emissions by nearly 80% in 2035 (relative to 2005 levels) and get close to net-zero by mid-century. Modeling by the nonpartisan think tank Resources for the Future concludes it would...
- Boost renewables to 56% of total generation in 2035 and avoid retirement of 43 gigawatts of nuclear capacity by that date.
- Cut fossil fuel generation to 26% of the nationwide total by 2035, while increasing average retail electricity rates by 4%.
Of note: RFF helped with technical analysis during the development of the legislation.
Between the lines: The rollout and early support (more on that below) suggests advocates of an approach that backs a suite of zero-carbon technologies are gaining the upper hand over calls on the left for a renewables-only vision.
The big question: Whether there's any chance of GOP support. It's not a totally bananas possibility.
- It matters because even if Democrats win the White House, they would need some Republicans to advance big policies (unless they also took the Senate and killed the filibuster).
- A source familiar with the bill's development tells me that sponsors have been in discussions with potential GOP backers.
Flashback: Roughly a decade ago, GOP Sen. Lindsey Graham floated a version of a "clean" standard, albeit as Republicans were countering largely Democratic calls for renewables-only mandate.
- GOP Sen. Lisa Murkowski has also expressed openness to the idea, per this piece I wrote for The Hill in 2010.
What they're saying: The bill is supported by United Steelworkers, the Utility Workers Union of America, the Union of Concerned Scientists, and the Clean Air Task Force, sponsors say.
- The National Wildlife Federation and The Center for Climate and Energy Solutions also sent me emails supportive of the idea.
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