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 theyβve been harmed by them.