GOP Lawmakers Join Democrats to Put a Price on Carbon to Curb Climate Change
The members that have signed onto the House version of the Energy Innovation and Carbon Dividend Act (EICDA) include Ted Deutch (D-Fla.), Charlie Crist (D-Fla.), Francis Rooney (R-Fla.), John Delaney (D-Md.) and Brian Fitzpatrick (R-Pa.).
According to Deutch, the legislation seeks to “help reduce U.S. carbon pollution by 40 percent in 12 years, with a 91 percent reduction target by 2050 (vs. 2015 levels)” by pricing carbon at $15 per metric ton of CO2e and “increasing the price by $10 every year.” Annually, the Treasury Department “would return 100 percent of the net revenue back to the American people.”
The Republican lawmakers were unable to join the press call and did not appear at the news conference about the bill, but they issued statements in support of the legislation.
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