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Home > "Climate: Lawmakers Roll Out Landmark Bipartisan Carbon Fee Bill"

"Climate: Lawmakers Roll Out Landmark Bipartisan Carbon Fee Bill" [1]

"A group of House lawmakers last night floated the first bipartisan carbon tax bill in nearly a decade, a move that boosters are calling a big step for climate policy heading into the next Congress.

The "Energy Innovation and Carbon Dividend Act" would put a $15-per-metric-ton fee on carbon, rising by $10 per year, with all of the money given back to households as a rebate.

A co-chair of the Climate Solutions Caucus, Rep. Ted Deutch (D-Fla.), is the lead sponsor of the bill, joined by Reps. Francis Rooney (R-Fla.), John Delaney (D-Md.), Brian Fitzpatrick (R-Pa.) and Charlie Crist (D-Fla.).

The bill isn't likely to pass in this Congress, but the co-sponsors say it would reduce U.S. carbon emissions by a third in only a decade and 90 percent by 2050, all compared with 2015 levels."

Nick Sobczyk reports for E&E Daily November 28, 2018. [2]

Climate Change [3]
Environmental Politics [4]
Laws & Regulations [5]
National (U.S.) [6]
Public [7]
Source: E&E Daily [2], 11/28/2018
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Source URL:https://www.sej.org/headlines/climate-lawmakers-roll-out-landmark-bipartisan-carbon-fee-bill

Links
[1] https://www.sej.org/headlines/climate-lawmakers-roll-out-landmark-bipartisan-carbon-fee-bill [2] https://www.eenews.net/eedaily/stories/1060107547 [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/environmental-politics [5] https://www.sej.org/category/topics-beat/laws [6] https://www.sej.org/category/region/national [7] https://www.sej.org/taxonomy/term/81