Energy Innovation and Carbon Dividend Act

The Energy Innovation and Carbon Dividend Act is proposed legislation aimed at reducing greenhouse gas emissions. It does so by placing a fee on fossil fuels like coal, oil, and natural gas at the source, encouraging industries and consumers to use cleaner energy. The revenue generated is then returned directly to American households as a dividend, helping to offset higher energy costs. This approach incentivizes reductions in carbon emissions while providing financial support to families, and aims to promote economic growth with cleaner, sustainable energy sources.