What Biden’s $2-Trillion Spending Bill Could Mean for Climate Change

All told, the US Department of Energy could see its budget for energy research and development more than double if Build Back Better passes — from around $8 billion to more than $20 billion annually over the next five years — according to an analysis by the Information Technology and Innovation Foundation, a think tank based in Washington DC (see ‘Budget boost’). Much of that funding, already locked in through the infrastructure act, is directed towards large-scale projects to prove the feasibility of technologies such as carbon-capture systems and clean hydrogen production.