Carbon Emission Fees for Industry and Imports, Clean Tech Support
This act introduces fees for US companies and importers based on carbon emissions from producing key goods. The goal is to encourage pollution reduction. Some of the collected funds will support companies investing in cleaner technologies.
Key points
US manufacturing companies and importers of key goods (e.g., steel, cement, fertilizers) will pay fees based on carbon emissions.
The fee amount will depend on the carbon intensity of producing the good, compared to the national average for that industry.
Goods imported from countries with lower carbon intensity may face lower fees.
Part of the revenue from fees will fund grants for US companies to invest in technologies that reduce carbon emissions.
The act aims to level the playing field for US companies investing in cleaner technologies against competitors from countries with lower environmental standards.
Expired
Citizen Poll