Clean Competition Act

This bill would create a federal charge on greenhouse gas emissions from certain energy-heavy industries, such as oil and gas, steel, aluminum, cement, glass, paper, and fertilizer. U.S. facilities and importers would pay a charge when a product's carbon intensity is above a set share of the 2025 U.S. industry average, starting at $60 per ton in 2026 and rising each year. Facilities would have to report emissions, electricity use, and production yearly, and exporters could receive refunds of the charge. The bill would let the President negotiate 'carbon club' agreements with other countries. It would also set up Department of Energy grants, loans, and contracts to help facilities lower their emissions.

Full text and official record on Congress.gov

Sponsors

• Sheldon Whitehouse Democrat sponsor
• 5 cosponsors