Energy Innovation and Carbon Dividend Act of 2019 explained

Shorttitle:Energy Innovation and Carbon Dividend Act of 2019
Longtitle: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.
Enacted By:116th
Public Law Url:https://www.congress.gov/bill/116th-congress/house-bill/763
Cite Public Law:H.R.763 - Energy Innovation and Carbon Dividend Act of 2019
Acts Amended:Internal Revenue Code
Clean Air Act
Introducedin:House
Introducedby:Ted Deutch
Introduceddate:January 24, 2019
Committees:the Committee on Ways and Means, the Committee on Energy and Commerce and the Committee on Foreign Affairs

The Energy Innovation and Carbon Dividend Act of 2019 (H.R. 763) is a bill in the United States House of Representatives that proposes a fee on carbon at the point of extraction to encourage market-driven innovation of clean energy technologies to reduce greenhouse gas emissions. The fees are recycled to citizens in monthly dividends. The act was originally introduced in 2018 with bipartisan support from six co-sponsors and died when the 115th congress ended on 3 January 2019.[1] It is principally based on Citizens' Climate Lobby's carbon fee and dividend proposal, and this organization advocates for the bill.[2]

On 24 January 2019, the bill was introduced into the house by Representative Ted Deutch on behalf of himself and six other original cosponsors.[3]

The bill obtained 86 cosponsors but was not voted on. On April 1, 2021, the bill was reintroduced in the 117th Congress as H.R. 2307, the Energy Innovation and Carbon Dividend Act of 2021.[4] [5] On September 27, 2023, the bill was reintroduced in the 118th Congress as H. R. 5744, the Energy Innovation and Carbon Dividend Act of 2023.[6]

2018 bill

The Energy Innovation and Carbon Dividend Act of 2018 was a proposed 2018 bill that intended 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." The bill was originally introduced by Representative Ted Deutch (D-FL) on November 27, 2018, with bipartisan support from 4 co-sponsors.[7] A companion bill was introduced into the United States Senate by Chris Coons (D-DE) and Jeff Flake (R-AZ) on December 19, 2018.[8] The bill died when the 115th Congress ended on January 3, 2019. The bill was reintroduced in the 116th Congress as the Energy Innovation and Carbon Dividend Act of 2019.

Description of the bill

The 2018 bill was intended to:

If passed, the 2019 bill would amend the Internal Revenue Code of 1986 to:[9]

It would also make adjustments to the Clean Air Act to limit the Environmental Protection Agency from placing restrictions on greenhouse gas emissions under some conditions.

Cosponsors

As of December 17, 2020, the bill has 86 sponsors in the House of Representatives from two parties and 23 states.[10]

SponsorPartyDistrictOriginal?Sponsor sinceRelevant committees
Democraticdata-sort-value="Florida 21" FL-21YesJanuary 24, 2019Foreign Affairs Committee
Democraticdata-sort-value="California 27" CA-27YesJanuary 24, 2019Ways and Means Committee
DemocraticFL-13YesJanuary 24, 2019
DemocraticCA-18YesJanuary 24, 2019Energy and Commerce Committee
DemocraticIL-03YesJanuary 24, 2019
RepublicanFL-19YesJanuary 24, 2019Foreign Affairs Committee
DemocraticCA-52YesJanuary 24, 2019Energy and Commerce Committee, Energy Subcommittee
DemocraticMN-03NoJanuary 28, 2019Foreign Affairs Committee
DemocraticGA-04NoJanuary 29, 2019
DemocraticCA-24NoJanuary 30, 2019
DemocraticFL-20NoFebruary 7, 2019
DemocraticPA-15NoFebruary 8, 2019Foreign Affairs Committee
DemocraticNY-09NoFebruary 11, 2019Energy and Commerce Committee (vice chair)
DemocraticCA-14NoFebruary 12, 2019
DemocraticIL-09NoFebruary 22, 2019Energy and Commerce Committee
DemocraticVA-11NoMarch 4, 2019Foreign Affairs Committee
DemocraticME-01NoMarch 6, 2019
DemocraticCA-11NoMarch 7, 2019
DemocraticCA-28NoMarch 8, 2019
DemocraticMN-02NoMarch 18, 2019
DemocraticNJ-07NoMarch 21, 2019Foreign Affairs Committee
DemocraticNJ-08NoMarch 21, 2019Foreign Affairs Committee
DemocraticCA-48NoMarch 25, 2019
DemocraticMA-02NoMarch 25, 2019
DemocraticCA-13NoMarch 26, 2019
DemocraticCA-39NoMarch 26, 2019
DemocraticCA-49NoMarch 27, 2019
DemocraticCA-31NoApril 8, 2019
DemocraticWA-10NoApril 10, 2019
DemocraticCA-45NoApril 12, 2019
DemocraticIL-02NoApril 18, 2019Energy and Commerce Committee, Energy Subcommittee
DemocraticFL-05NoApril 18, 2019
DemocraticCT-04NoApril 25, 2019
DemocraticMI-09NoApril 25, 2019Foreign Affairs Committee
DemocraticCA-33NoApril 29, 2019Foreign Affairs Committee
DemocraticMA-06NoMay 7, 2019
DemocraticMD-08NoMay 9, 2019
DemocraticTX-16NoMay 20, 2019
DemocraticNY-04NoMay 23, 2019
DemocraticNC-04NoMay 28, 2019
DemocraticCA-53NoMay 28, 2019
DemocraticNC-12NoJune 10, 2019
DemocraticPA-03NoJune 10, 2019
DemocraticPA-04NoJune 10, 2019
DemocraticMS-02NoJune 11, 2019
DemocraticMI-05NoJune 12, 2019Ways and Means Committee
DemocraticTN-09NoJune 13, 2019
DemocraticCO-02NoJune 18, 2019
DemocraticIL-07NoJune 18, 2019Ways and Means Committee
DemocraticMI-14NoJune 20, 2019
DemocraticMD-06NoJune 20, 2019Foreign Affairs Committee
DemocraticPA-08NoJune 25, 2019
DemocraticCA-37NoJuly 5, 2019Foreign Affairs Committee
DemocraticNJ-12NoJuly 9, 2019
DemocraticMD-02NoJuly 9, 2019
DemocraticNY-25NoJuly 11, 2019
DemocraticWA-06NoJuly 15, 2019
DemocraticGA-06NoJuly 17, 2019
DemocraticCO-07NoJuly 19, 2019
DemocraticMO-05NoAugust 30, 2019
DemocraticCA-30NoSeptember 6, 2019Foreign Affairs Committee
DemocraticIL-04NoSeptember 16, 2019
DemocraticNY-03NoSeptember 24, 2019Ways and Means Committee
DemocraticCA-46NoSeptember 26, 2019
DemocraticCA-40NoSeptember 26, 2019
DemocraticNY-06NoOctober 16, 2019
DemocraticCA-38NoOctober 21, 2019Ways and Means Committee
DemocraticKY-03NoOctober 29, 2019
DemocraticNY-05NoNovember 8, 2019Foreign Affairs Committee
DemocraticGA-02NoNovember 12, 2019
DemocraticNY-18NoNovember 12, 2019
DemocraticNJ-10NoNovember 13, 2019
DemocraticMO-1NoNovember 13, 2019
DemocraticCA-7NoDecember 5, 2019
DemocraticNH-02NoJanuary 27, 2020
DemocraticCA-32NoJanuary 27, 2020
DemocraticPA-05NoFebruary 10, 2020
DemocraticCO-06NoFebruary 13, 2020
DemocraticFL-24NoFebruary 21, 2020Foreign Affairs Committee
DemocraticCA-29NoJune 22, 2020Energy and Commerce Committee
DemocraticCA-35NoAugust 7, 2020
DemocraticIL-05NoDecember 9, 2020
DemocraticIN-07NoDecember 9, 2020
DemocraticCA-03NoDecember 14, 2020
DemocraticOH-03NoDecember 17, 2020

Reactions

The Center on Global Energy Policy published a comparison of the 2018 version of the bill to other carbon tax proposals.[11]

Support

In the weeks following the reintroduction of the bill, several publications including The Washington Post,[12] the Missoulian,[13] and the Daily Camera[14] published op-eds and editorials in support of the bill.

The bill is also supported by climate scientist and activist James Hansen and former secretary of state George Shultz. The governments (or parts of the governments) of several localities, including the following with more than 50,000 residents, have signed resolutions urging the United States Congress to pass the act:[15]

It has also been publicly supported by several small businesses and nonprofit organizations including Protect Our Winters.

The Environmental Defense Fund called it "an inspiring step in the right direction."[17]

Opposition

The Center for Biological Diversity published a press release opposing the bill on the basis that its adjustments to the Clean Air Act would "only give us climate disaster."[18]

In April 2019, novelist and leading member of Orange County for Climate Action Roger Gloss posted his opposition to HR 763, noting the lack of annual emissions targets, and the first assessment of whether targets are being met in 2030, the year in which the IPCC says emissions must have already been halved.[19]

See also

External links

Notes and References

  1. News: Bipartisan group of lawmakers propose landmark carbon tax. Conradis. Brandon. 2018-11-27. TheHill. 2018-11-30. en.
  2. Web site: The Bipartisan Climate Solution. Citizens' Climate Lobby. en-US. 2019-02-12.
  3. Web site: Energy Innovation and Carbon Dividend Act of 2019 (H.R. 763). GovTrack.us. en. 2019-02-12.
  4. Web site: 2021-04-01. Major Carbon Fee & Dividend Bill Reintroduced in House. 2021-08-06. Congressman Ted Deutch.
  5. Web site: H.R. 2307: Energy Innovation and Carbon Dividend Act of 2021. 2021-08-06. Govtrack.
  6. Web site: Energy Innovation and Carbon Dividend Act of 2023 (H.R. 5744) . 2023-11-04 . GovTrack.us . en.
  7. News: Bipartisan group of lawmakers propose landmark carbon tax. Conradis. Brandon. 2018-11-27. TheHill. 2018-11-30. en.
  8. Web site: S.3791 - 115th Congress (2017-2018): Energy Innovation and Carbon Dividend Act of 2018. Coons. Christopher A.. 2018-12-19. www.congress.gov. 2019-02-12.
  9. Web site: Text - H.R.763 - 116th Congress (2019-2020): Energy Innovation and Carbon Dividend Act of 2019. Deutch. Theodore E.. 2019-01-24. congress.gov. 2019-02-13.
  10. Web site: Cosponsors - H.R.763 - 116th Congress (2019-2020): Energy Innovation and Carbon Dividend Act of 2019. Deutch. Theodore E.. 2019-02-12. www.congress.gov. 2019-04-19.
  11. Web site: Columbia SIPA Center on Global Energy Policy How the Bipartisan Energy Innovation and Carbon Dividend Act Compares to Other Carbon Tax Proposals. energypolicy.columbia.edu. en. 2018-11-30.
  12. News: One answer to the environmental alarms going off. Juhnke. Richard. January 18, 2019. The Washington Post. February 12, 2019.
  13. Web site: Urge passage of Energy Innovation and Carbon Dividend Act. ATKINS. DAVE and SHIRLEY. missoulian.com. en. 2019-02-12.
  14. Web site: John Russell: Support the Energy Innovation Act. dailycamera.com. 21 December 2018 . 2019-02-12.
  15. Web site: Energy Innovation and Carbon Dividend Act Supporters. Energy Innovation and Carbon Dividend Act. en-US. 2019-02-12.
  16. Web site: Memorandum, H.R.763 (Deutch): Energy Innovation and Carbon Dividend Act of 2019. . sanjoseca.gov . 21 May 2020.
  17. Web site: New Bipartisan Congressional Bill Would Help Reduce Climate Pollution, Protect Americans. Environmental Defense Fund. en. 2019-05-23.
  18. Web site: Carbon Dividend Bill in House Would Gut Clean Air Act Authority to Stop Climate Change. www.biologicaldiversity.org. 2019-04-22.
  19. Web site: 2019-04-02. H.R. 763 - A Tax That's Not a Tax, A Solution That's Not a Solution. 2021-08-07. Roger's Library. en-US.