This morning, the House passed H.R. 5376,[i] the Build Back Better Act (the “BBB Act”), by a vote of 220-213. If it clears the Senate and is signed into law, the BBB Act would represent one of the largest investments in U.S. history under the banner of “climate resilience, clean energy, and environmental justice.” The bill includes over $500 billion in climate policy funding—largely focused on incentivizing renewable energy, reducing traditional energy sources, and encouraging industry to reduce...By: Quinn Emanuel Urquhart & Sullivan, LLP.