It's a complete farce to caricaturize the $3.5T reconciliation bill as a climate bill. While there are some provisions that are intended to have an impact on t

It's a complete farce to caricaturize the $3.5T reconciliation bill as a climate bill. While there are some provisions that are intended to have an impact on the climate, like EV tax credits, these are poorly constructed and reward things like hybrid cars made in mexico and assembled by unions over electric cars made in the US. It also fundamentally changes business incentives in many ways by increasing capital gains tax, increasing income tax, increasing business tax and requiring companies to take on a whole bunch of enforcement on behalf of the federal government for other social policies they would like to enact. A bill that's intended to improve the climate would look like nuclear power plant regulation reform or removal of tax credits for oil production or a carbon tax. Not some poorly constructed bill that lines the pockets of their favorite special interest groups who recently got a fresh coat of green paint. The fact that all of these companies oppose the bill should speak to how poorly constructed it is.