Maryland LCV Statement on Schumer/Manchin Agreement on Inflation Reduction Act Bill
In response to Majority Leader Schumer and Senator Manchin’s announcements of an agreement to add the “Inflation Reduction Act of 2022,” which reportedly will reduce carbon emissions by close to 40 percent by 2030, to the reconciliation bill, the Maryland League of Conservation Voters (LCV) issued the following statement from Executive Director Kim Coble:
“We are delighted that Majority Leader Schumer and Senator Manchin have reached a deal that includes climate investments to reduce carbon emissions by roughly 40 percent by 2030. The bill is not perfect, of course, but it would significantly speed the nation’s transition to renewable energy and electric vehicles and represent the nation’s most significant step to date on a federal level to combat climate change.
In combination, Maryland’s landmark Climate Solutions Now Act of 2022 and the federal Inflation Reduction Act of 2022 would posture Maryland to make real strides in fighting the inequitable impacts of climate change, while also helping Marylanders struggling with inflation and devastating climate-driven extreme weather.
We thank Senators Van Hollen and Cardin for their steadfast leadership on climate issues and urge them to do all they can to get this bill across the finish line.”