The New York Times reports:

Senator Joe Manchin III on Monday cited a litany of issues that drove him to oppose President Biden’s $2 trillion Build Back Better bill, from Democrats’ refusal to attach work requirements to social benefits to their failure to raise tax rates on the rich. But left almost unsaid was the issue that has always propelled his political career as a Democratic maverick: climate change.

The version of the bill that passed the House last month devoted $555 billion to shifting the nation to renewable sources of energy, such as wind and solar power, and away from fossil fuels like West Virginia coal. Mr. Manchin, who defied gale-force political headwinds in 2010 by running for the Senate on his opposition to President Barack Obama’s climate change legislation, killed a provision in Build Back Better that would have imposed stiff penalties on electric utilities that continued to burn coal and natural gas.

But even with the stick dropped from the House’s bill, West Virginia’s coal interests were working hard to kill off the measure’s carrot, a package of tax credits to make clean energy more financially competitive, and, by extension, struggling coal even less so. Their lobbyists talked frequently to Mr. Manchin.

With every Republican opposing the bill in the evenly divided Senate, Democratic leaders could not afford to lose a single vote, and Mr. Manchin has said he had concerns about energy issues from the start.

“I said, this is absolutely a very, very far-reaching piece of legislation which changes so many categories in American culture and American society, revamping the entire tax code and revamping the entire energy policies for our country — and the social platforms that we use to support people,” he told a West Virginia broadcaster on Monday.

West Virginia coal and gas, and policies designed to stop their burning, have always had a special place in Mr. Manchin’s politics. A Manchin family-owned business has made a small fortune selling waste coal from abandoned mines to a heavily polluting power plant in the state. The blind trust in which Mr. Manchin’s interests lie held between $500,000 and $1 million last year, according to his most recent disclosure form. The company, Enersystems, valued at between $1 million and $5 million, delivered the senator $492,000 in dividends, interest and business income in 2020, the May disclosure states. [Continue reading…]