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Despite compromise, oil, gas bemoans climate bill while renewable groups rejoice

August 9, 2022 Comments Off

Although some climate advocates derided the Inflation Reduction Act for offering “handouts” to the oil and gas industry, several clean energy groups scored the massive climate investment deal as a win, while fossil fuel lobbying arms contended that it remained a threat to domestic production. Vice President Kamala Harris cast the tie-breaking vote Aug. 7 to advance the budget reconciliation…