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Search Results: keywords:"fossil fuel emissions tax"

  • H.R. 1135, titled the "Polluters Pay Climate Fund Act of 2025," proposes new taxes on fossil fuel companies based on their carbon dioxide emissions since 2000. It aims to create a "Polluters Pay Climate Fund," financed by these taxes, to invest in climate change resilience,...

    Simple Explanation

    This bill wants to make companies that use fossil fuels pay more money because their actions make the earth warmer, and it will use that money to help protect people and places from the bad effects of climate change. It also says that anyone can still take companies to court if they think they’ve been harmed by them.

  • The Polluters Pay Climate Fund Act of 2024 aims to combat climate change by imposing a tax on fossil fuel companies based on their carbon dioxide emissions. The revenue collected will be used to establish the Polluters Pay Climate Fund, which will finance initiatives related...

    Simple Explanation

    The Polluters Pay Climate Fund Act of 2024 is like a rule that says companies using fossil fuels (like oil and coal) have to pay money for the pollution they make. This money goes into a big pot to help protect the environment and help people who are most hurt by pollution.