(Washington, D.C. – January 24, 2019) A new bipartisan Congressional bill would address the growing threat of climate change by pricing carbon pollution and returning the net revenue as a rebate to American families.
Representatives Ted Deutch (D-FL), Francis Rooney (R-FL), Charlie Crist (D-FL), Anna Eshoo (D-CA), Scott Peters (D-CA), Judy Chu (D-CA), and Dan Lipinski (D-IL) introduced the Energy Innovation and Carbon Dividend Act today. The bill is aimed at reducing U.S. carbon pollution by as much as 90 percent by 2050 (compared to 2016 levels). 100 percent of the revenue would be rebated.
“Every day we see new examples of the serious damage that climate change is doing across the country, and new evidence that we have to move quickly to protect Americans families and communities,” said Elizabeth Gore, EDF Senior Vice President of Political Affairs. “Fortunately, we’re seeing renewed momentum to find climate change solutions – on Capitol Hill and around the country. Today’s bill is another inspiring step in the right direction, and we are grateful for the leadership of Representatives Deutch, Rooney, Crist, Eshoo, Peters, Chu and Lipinski.”
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