S&P Global covered aspects of the coronavirus aid bill Congress passed related to energy, noting AEE recommendations. Read excerpts below and the entire S&P Global piece here.
The U.S. Senate's final version of the coronavirus response bill contained few direct energy provisions but numerous items that could benefit the industry and its employees. Among them, the updated bill includes worker protection provisions and a $500 billion lending facility that could assist energy companies. On March 25, after several days of negotiations, the Senate passed a $2 trillion bill, the nation's third response to the coronavirus outbreak. The House will consider the proposed legislation on March 27.