(WASHINGTON, D.C. – August 7, 2020) Today, Senator Richard Durbin (D-IL) introduced an ambitious climate solutions bill that would significantly cut carbon pollution.
America’s Clean Future Fund Act would place a fee on carbon emissions and would give most of the revenue back to American individuals and families through an income-based rebate that protects lower-income households. The remaining revenue would be invested in climate mitigation and resilience strategies and assistance for communities and workers who are reliant on the fossil fuel industry. Importantly, the bill also includes a crucial climate backstop to help ensure that pollution reduction goals are met in a predictable and transparent manner.
“As we focus on protecting lives from COVID-19 and rebuilding our economy, we can’t lose sight of the comprehensive policy solutions needed to address climate change — an issue that deepens health and economic disparities across our country. This moment is underscoring the value of proactive, science-based policy, which is why we must continue to work toward ambitious legislation to address the climate crisis.
“EDF commends Senator Durbin’s leadership in introducing the America’s Clean Future Fund Act, a sound and thoughtful proposal that would give revenue back to households and invest in building more resilient and equitable communities. It’s important that lawmakers bring a range of ideas to the table on climate solutions.”
- Elizabeth Gore, EDF Senior Vice President, Political Affairs.
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Environmental Defense Fund (edf.org), a leading international nonprofit organization, creates transformational solutions to the most serious environmental problems. EDF links science, economics, law and innovative private-sector partnerships. Connect with us on EDF Voices, Twitter and Facebook.