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Energy Innovation and Carbon Dividend Act of 2018
Legislative Progress
Introduced
December 19, 2018
Latest Action
December 19, 2018
Primary Sponsor
Christopher A. CoonsDemocratic(DE)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
0pct
0d open
vs 3,805 other S bills in the 115th — cohort avg 41d
Energy Innovation and Carbon Dividend Act of 2018 This bill imposes a fee on the carbon content of fuels, including crude oil, natural gas, coal, or any other product derived from those fuels that will be used so as to emit greenhouse gases into the atmosphere. The fee is imposed on the producers or importers of the fuels and is equal to the greenhouse gas content of the fuel multiplied by the carbon fee rate. The rate begins at $15 in 2019, increases by $10 each year, and is subject to further adjustments based on the progress in meeting specified emissions reduction targets. The bill also imposes a specified fee on fluorinated greenhouse gases. The bill includes: exemptions for fuels used for agricultural or nonemitting purposes, rebates for facilities that capture and sequester carbon dioxide, and border adjustment provisions that require certain fees or refunds for carbon-intensive products that are exported or imported. The fees must be deposited into a Carbon Dividend Trust Fund and used for administrative expenses and dividend payments to U.S. citizens or lawful residents. The fees must be decommissioned when emissions levels and monthly dividend payments fall below specified levels. The Environmental Protection Agency (EPA) must evaluate the effectiveness of the fees at reducing emissions. If the targets specified in this bill have been met or exceeded, the EPA may review certain regulations related to the fuels and fluorinated greenhouse gases on which the fees have been imposed.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (2)
2018 · fourth_quarter · Environment/Superfund
- Advocacy to introduce and support H.R. 7173, and S. 3791.
Client expense: $10,000 · Firm income: Not reported
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2018 · fourth_quarter · Clean Air and Water (quality)
Issues related to the health impacts of air pollution and climate change; Issues related to air pollution from stationary and mobile sources; Issues related to the Clean Air Act; Issues related to the President's Budget; Issues related to the Budget Control Act; Issues related to regulatory reforms; appropriations issues; H.R.5, Regulatory Accountability Act of 2017; H.R.350, Recognizing the Protection of Motorsports Act of 2017; H.R.453, Relief from New Source Performance Standards Act of 2017; H.R.806, Ozone Standards Implementation Act of 2017; H.R.1119, SENSE Act; H.R.1430, HONEST Act; H.R.1431, EPA Science Advisory Board Reform Act of 2017; H.R.1917, Blocking Regulatory Interference from Closing Kilns Act of 2017; H.R.3107, Diesel Emissions Reduction Act of 2017; H.R.3782, Climate Change Health Protection and Promotion Act of 2017; H.R.4011, Fuel Economy Harmonization Act; H.R.6147, Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019; H.R.6463, MARKET CHOICE Act; H.R.7173, Energy Innovation and Carbon Dividend Act of 2018; S.263, Ozone Standards Implementation Act of 2017; S.517, Consumer and Fuel Retailer Choice Act; S.839, Blocking Regulatory Interference from Closing Kilns Act of 2017; S.951, Regulatory Accountability Act of 2017; S.1203, A bill to require the Administrator of the Environmental Protection Agency to establish a program under which the Administrator shall defer the designation of an area as a nonattainment area for purposes of the 8-hour ozone national ambient air quality standard if the area achieves and maintains certain standards under a voluntary early action compact plan.; S.1273, Fuel Economy Harmonization Act; S.1447, Diesel Emissions Reduction Act of 2017; S.1807, Climate Change Health Protection and Promotion Act of 2017; S.1857, A bill to establish a compliance deadline of May 15, 2023, for Step 2 emissions standards for new residential wood heaters, new residential hydronic heaters, and forced-air furnaces.; S.2461, Blocking Regulatory Interference from Closing Kilns Act of 2018; S.3073, Department of the Interior, Environment, and Related Agencies Appropriations Act, 2019; S.3791, A bill to create a Carbon Dividend Trust Fund for the American people in order to encourage market-driven innovation of clean energy technologies and market efficiencies which will reduce harmful pollution and leave a healthier, more stable, and more prosperous nation for future generations.; S.3394, the Comprehensive National Mercury Monitoring Act; S.3779, WHERA Act; H.J.Res.143 - Making further continuing appropriations for fiscal year 2019, and for other purposes; H.R. 695 Further Additional Continuing Appropriations Act, 2019;
Client expense: $100,000 · Firm income: Not reported
Government targets: Agency for Healthcare Research & Quality (AHRQ), Centers For Disease Control & Prevention (CDC), Centers For Medicare and Medicaid Services (CMS), Environmental Protection Agency (EPA), Food & Drug Administration (FDA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Housing & Urban Development, Dept of (HUD), Natl Highway Traffic Safety Administration (NHTSA), Natl Institutes of Health (NIH), Office of Management & Budget (OMB), Postal Regulatory Commission, SENATE, Transportation, Dept of (DOT), Veterans Affairs, Dept of (VA), White House Office