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Product Emissions Transparency: Comparing US and Foreign Carbon Footprints.

This law mandates the Department of Energy to regularly study and publish the carbon footprint (greenhouse gas emissions intensity) of key products like steel, cement, and fuels, produced both in the US and in major trading countries. The goal is to create a public database allowing citizens and policymakers to compare the environmental impact of domestic versus foreign goods. Crucially, the Act does not authorize new carbon taxes or mandatory domestic reporting requirements.
Key points
The US government will create a public database detailing the greenhouse gas emissions from producing key goods (e.g., aluminum, cement, oil) in the US and major trading nations.
The study aims to assess the competitiveness of US products against global climate regulations, such as the EU's carbon border tariffs.
The Act explicitly prohibits using the collected data to impose new federal carbon taxes or mandatory fees on domestic producers.
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Additional Information
Print number: 118_S_1863
Sponsor: Sen. Coons, Christopher A. [D-DE]
Process start date: 2023-06-07