Climate Change

Climate Bill: Silicon Valley's Green Tech Back in Spotlight

NBC Universal, Inc.

NBC Bay Area business and tech reporter Scott Budman breaks down the climate bill heading for approval and how the Bay Area will be impacted.

New legislation from Senate Democrats is aiming at the fight against climate change, putting Silicon Valley green tech in the spotlight.

The deal aims to build and incentivize clean tech, solar, electric vehicles, batteries, chargers, geothermal, to name just a few. There will also be rebates on EVs and heat pumps for homes.

The hope is to cut greenhouse gasses by 40% from our 2005 levels by the end of the decade.

Scott Budman explains more in the video above.

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