Energy Innovation and Carbon Dividend Act of 2018
The Energy Innovation and Carbon Dividend Act of 2018 was a proposed 2018 bill in the United States House of Representatives 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 on November 27, 2018 with bipartisan support from 4 co-sponsors. A companion bill was introduced into the Senate by Chris Coons and Jeff Flake on December 19, 2018.
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.The bill would:
The Center on Global Energy Policy published a comparison of the bill to other carbon tax proposals.
