The Energy Innovation and Carbon Dividend Act will drive down America’s carbon pollution, while unleashing American technology innovation. This policy puts a fee on fossil fuels and will drive down carbon pollution because energy companies, leading industries, and American consumers will move toward cleaner, cheaper options.
The money collected from the carbon fee is allocated in equal shares every month to the American people to spend as they see fit. Program administrative costs are paid from the fees collected. The government does not keep any of the money from the carbon fee.
To protect U.S. manufacturers and jobs, imported goods will pay a border carbon adjustment, and goods exported from the United States will receive a refund under this policy.
This bill has received bipartisan support, will reduce carbon emissions, put money in the pockets of Americans, create jobs in clean energy, and operate as revenue neutral, thus the government will not keep any collected revenue.
Ask your Member of Congress to support the Energy Innovation and Carbon Dividend Act!