House Democrats have introduced a revamped version of a major bill – the CLEAN Future Act – aiming to get the U.S on the road to carbon neutrality by 2050.
The bill sets an interim target of reducing the country’s emissions to no more than half of what they were in 2005 by 2030.
It also includes a clean electricity standard under which retailers would need to provide 80% of their power from clean sources by 2030 and 100% by 2035.
Introduced by representatives Frank Pallone, Paul Tonko and Bobby Rush — Democrats say the bill lines up with Biden’s plans for the power system.
Notably, the legislation does not include a carbon tax, a mechanism supported by some Republicans and corporations.
“The votes are just not there for a price on carbon,” also known as a carbon tax, Pallone told reporters.
The bill will have to pass committees and then the full House and Senate and be signed by Biden before becoming law.
He said a carbon price had concerns from an environmental justice perspective because it could allow industries to keep polluting as long as they buy permits from entities that have cut emissions elsewhere.