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Border Carbon Fees: Supporting Green Transition and Community Resilience

This act introduces border fees on imported goods and fuels with high carbon emissions to equalize environmental costs borne by U.S. companies. The collected revenues will fund programs supporting communities affected by climate change and energy transition, including job training, climate-resilient infrastructure development, and assistance for small businesses.
Key points
New Import Fees: Importers of goods like steel, aluminum, cement, iron, and fuels (natural gas, petroleum, coal) will pay a fee based on the product's carbon footprint.
Community Support: Half of the collected fees will go to states for programs supporting communities impacted by climate change and energy transition, including job training for fossil fuel industry workers.
Green Technology Investments: The other half of the funds will be allocated to research, development, and commercialization of greenhouse gas emission reduction technologies.
Exemptions: Least developed countries and those with equally ambitious emission reduction regulations as the U.S. will be exempt from the fees.
Small Business Protection: The act provides assistance for small businesses disproportionately impacted by the new border carbon adjustment.
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Additional Information
Print number: 117_S_2378
Sponsor: Sen. Coons, Christopher A. [D-DE]
Process start date: 2021-07-19
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

FAIR Transition and Competition Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_2378.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-07-19.

What are the main provisions?

Key points include:

  • New Import Fees: Importers of goods like steel, aluminum, cement, iron, and fuels (natural gas, petroleum, coal) will pay a fee based on the product's carbon footprint.
  • Community Support: Half of the collected fees will go to states for programs supporting communities impacted by climate change and energy transition, including job training for fossil fuel industry workers.
  • Green Technology Investments: The other half of the funds will be allocated to research, development, and commercialization of greenhouse gas emission reduction technologies.
  • Exemptions: Least developed countries and those with equally ambitious emission reduction regulations as the U.S. will be exempt from the fees.
  • Small Business Protection: The act provides assistance for small businesses disproportionately impacted by the new border carbon adjustment.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Coons, Christopher A. [D-DE].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Taxes Environment Economy