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Policy & Regulation

Green New Deal may inspire tougher regulation

The Democrats’ Green New Deal proposal could inspire tighter regulation for US gas and power The Democrats’ Green New Deal proposal could inspire tighter regulation for US gas and power.
By Sara Stefanini 7 March 2019 Americas / Policy & Regulation 0 34009
Congressional Democrats unveil Green New Deal. (PA)

The key issue: The Democrats’ proposed Green New Deal aims to slash greenhouse gas emissions in the US to net-zero, boost clean power to 100% of the energy mix and overhaul the transport and manufacturing sectors by 2030.

Interfax analysis: The United States fossil fuel industry can rest easy given the likelihood that a bill proposing a Green New Deal will not become law any time soon, and probably never. Yet it could inspire tighter regulation of gas and power production – especially if the...