Senate Leaders Push ‘Clean Electricity Payment Program’ - A $200 Billion Green New Deal, With Big Implications

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December 17, 2021 - 4:21pm

Critical Commentary

Senate Majority Leader Chuck Schumer, along with other Democrats, added a measure known as the Clean Electricity Payment Program (CEPP) to the Build Back Better Act, which makes payments to electricity companies that increase the amount of carbon-free energy they sell and penalizes those that don't. The goal of the program is to assure that 80% of the electricity generated in the U.S. comes from zero-carbon sources by 2030. Concerns have been raised over the affordability of energy bills if CEPP is signed into law, considering the timeframe allowed by the CEPP (10 years), and the amount of high-voltage transmission and other infrastructure that will be needed to accommodate a high-renewables scenario (Bryce 2021).

Cite as

Robert Bryce, "Senate Leaders Push ‘Clean Electricity Payment Program’ - A $200 Billion Green New Deal, With Big Implications", contributed by Alison Kenner and Morgan Sarao, The Energy Rights Project, Platform for Experimental Collaborative Ethnography, last modified 17 December 2021, accessed 17 August 2022. https://energyrights.info/content/senate-leaders-push-‘clean-electricity-payment-program’-200-billion-green-new-deal-big-1