In shadow of Green New Deal, bipartisan bill takes direct aim at emissions

Sen. John Barrasso
Sen. John Barrasso (R-Wy.). Photo: Chip Somodevilla via Getty Images

A small bipartisan group of lawmakers introduced legislation Thursday that would support the buildout of technology capturing carbon dioxide emissions.

Why it matters: Although it’s not nearly as high-profile or sweeping as the Green New Deal resolution, also unveiled Thursday, the bill takes a more direct, concrete aim at the root of climate change: emissions themselves.

How public-private partnerships failed in the Trump administration

Illustration of two hands about to shake
Illustration: Sarah Grillo/Axios

After President Trump was elected, private equity firms rushed out to raise giant new infrastructure funds. It was a mistake.

Backdrop: The idea was that the White House plan would lean heavily on public-private partnerships that leveraged federal dollars with outside investment. Everything from bridge repairs to rural broadband to upgrading ports, airports and highway rest stops.

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