STATEMENT: Another Bipartisan Carbon Pricing Bill Introduced in the House
WASHINGTON (September 26, 2019) — Congressman Brian Fitzpatrick (R-PA), along with a bipartisan group of co-sponsors, introduced the Market Choice Act, which would replace the federal gasoline tax with a broader tax on CO2 emissions from fossil fuel combustion and large industrial sources. The bill would dedicate most of the revenue for investment in infrastructure, with some funds going to resilience, low-income households, assistance for displaced workers, Carbon Capture and Storage and research and development. Cosponsors include Congressman Francis Rooney (R-FL), Congressman Scott Peters (D-CA) and Congressman Salud Carbajal (D-CA).
Below is a statement from Dr. Andrew Steer, President & CEO, World Resources Institute:
“We are pleased by Representative Fitzpatrick’s introduction of the bipartisan Market Choice Act, the second Republican sponsored bill addressing climate change introduced in the House this year. Serious action to address climate change is needed now, and bipartisan support will make action more likely and more durable when it comes. We are seeing increasing public and business support for smart climate policies, including carbon tax proposals like the one introduced today. We can only hope that others in Congress have heard the urgent calls for action from the youth of the country and the world, and that more members of Congress will be ready to step up and be counted soon. WRI looks forward to working with any and all in Congress who are ready to champion serious climate policies.”