The Hill: "A bipartisan group of lawmakers is introducing a landmark bill that would charge fossil fuel companies a tax for their carbon dioxide emissions."
"The Energy Innovation and Carbon Dividend Act, announced by two Republicans and three Democratic members of the House on Tuesday, would charge $15 for each ton of carbon emitted into the air and would increase that fee by $10 every year afterward, in an effort to fight climate change. Other than administrative costs, all of the money would go back to taxpayers.
"Supporters say the bill would reduce greenhouse gas emissions by 40 percent in 10 years, and 91 percent by 2050. That’s a bigger cut than former President Obama’s Clean Power Plan or the United States’ commitment under the Paris climate agreement — a pact President Trump has promised to exit."
Citizens Climate Lobby: The Basics of Carbon Fee and Dividend
REMI Study: "The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax"