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Hey, good morning, playbookers. I'm Ragu Mona Vollen. It's Tuesday, and this is your Politico

Playbook Daily Briefing.

An unusual confluence of factors have brought back a climate change fighting policy that many

Democrats saw is politically toxic, the carbon tax. While the idea has long been the favorite tool of economists like Janet Yellen, Republicans

like Mitt Romney, and the American Petroleum Institute, the Biden White House has always opposed

pricing carbon.

The president's staff has feared both the general politics and the specific fact that a carbon

tax could violate the president's pledge not to raise taxes on

Americans making under $400,000 a year.

Instead, Biden placed his faith in the Clean Electricity Performance Program, drafted by

Senator Tina Smith, which would pay utilities to shift to clean energy and find those that

didn't.

But the CEPP now seems almost dead, a casualty of reconciliation grim

Reaper Joe Manchin. Proponents of the plan say that Manchin, despite his public opposition to the

Biden version, spent weeks engaged in negotiations over a modified CEP that was friendlier to coal and

natural gas, but eventually declared it unworkable. The source familiar with the talk said, Manchin and the White House were negotiating on CEPP. And Manchin was into something, likely a lesser version or a watered down version, but still something. And then he decided no CEPP at all. So it's not like he had always been against it. That was a new position. Now the White House is looking to meet targets without CEPP. Sack Coleman, who covers the issue closely for Politico, told us that while his sources say

that CEPP isn't technically dead, an assessment shared by a top White House official, the fact

that Mention, who talked to Biden over the phone on Monday, isn't actively offering ideas

for how Democrats in the White House could make it work for him is just as problematic.

So this starts close to the talks.

Basically the question is can the White House revive CEPP in some form?

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