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Ways and Means Committee Chairman Rep. Richard Neal (D-Mass.). Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images

House Democrats on the tax-writing Ways and Means Committee have unveiled draft legislation that would extend and/or expand a suite of tax credits for climate-friendly energy sources.

Why it matters: The tax code has historically been a driver of solar and wind power deployment, as well as electric vehicle sales, and much more.

  • Provisions in the sweeping bill include new tax credits for energy storage projects and triple the number of EV sales per manufacturer that qualify for consumer purchase credits.

Where it stands: It is unclear how much this bill is in play in this Congress, and the White House is on the record opposing EV tax credits.

  • Ways and Means Chairman Richard Neal has signaled that some provisions could be part of year-end negotiations with the Senate on various tax break extensions, according to E&E News.

Quick take: Beyond its near-term prospects, the bill could be a template for how Democrats want to tackle energy tax policy if they gain more power in Washington in the 2020 elections.

Go deeper:

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AOC and Ilhan Omar want to block Biden’s former chief of staff

Reps. Ilhan Omar and Alexandria Ocasio-Cortez. Photo: Brendan Smialowski/Getty Images

Reps. Alexandria Ocasio-Cortez and Ilhan Omar are boosting a petition against Joe Biden nominating his former chief of staff to a new role in his administration, calling Bruce Reed a "deficit hawk."

Why it matters: Progressives are mounting their pressure campaign after the president-elect did not include any of their favored candidates in his first slate of Cabinet nominees, and they are serious about installing some of their allies, blocking anyone who doesn't pass their smell test — and making noise if they are not heard.

1 hour ago - Podcasts

Butterball CEO Jay Jandrain talks turkey

Butterball estimates that it sells one out of every three Thanksgiving turkeys, but knows that this year's celebrations will be different than years past.

Axios Re:Cap talks with the turkey giant's CEO Jay Jandrain about what people are buying, what they're asking the "Turkey Talkline" and what the pandemic has meant for his business.

Biden introduces top national security team

President-elect Joe Biden's nominee for Secretary of State Antony Blinken spoke Tuesday at an event introducing the incoming administration's top national security officials, where he told the story of his stepfather being the only one of 900 children at his school in Poland to survive the Holocaust.

What they're saying: "At the end of the war, he made a break from a death march into the woods in Bavaria. From his hiding place, he heard a deep rumbling sound. It was a tank. But instead of the iron cross, he saw painted on its side a five pointed white star," Blinken said.

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