Bloomberg Tax
Jan. 13, 2022, 7:00 AM

Manchin Offers Path for Biden Green Goals: ‘I’m Big on Nuclear’

Jennifer A. Dlouhy
Jennifer A. Dlouhy
Bloomberg News
Ari Natter
Ari Natter
Bloomberg News

West Virginia Senator Joe Manchin, whose opposition is threatening to derail President Joe Biden’s massive social-spending plan, wants to expand at least one of its climate provisions: a tax credit to keep nuclear plants operating.

Manchin, the powerful Democrat from coal- and natural gas-rich West Virginia, backs the credit for nuclear plants that is tucked inside Biden’s Build Back Better legislation. Under the version passed by the House, a credit of as much as $15 per megawatt-hour could be claimed for the next six years. Manchin, whose support is necessary for Senate Democrats to pass the legislation on ...