AEA Joins Broad Coalition Urging Senators to Reject the PROVE IT Act
WASHINGTON DC (01/18/2024) – In advance of today’s Senate Environment & Public Works Committee markup of S. 1863, the PROVE IT Act of 2023, a coalition of more than 40 organizations sent a letter urging Congress to reject the legislation. The PROVE IT Act directs the U.S. Department of Energy to set up the necessary infrastructure to tax imported goods based on their carbon dioxide content, which would then be used to establish a tax on energy intensive imports and then later a domestic tax on carbon dioxide.
AEA President Thomas Pyle issued the following statement:
A copy of the letter can be found here.
Additional Resources:
- PROVE IT Act Policy Brief
- “PROVE IT Act” Lays the Groundwork for a Carbon Tariff
- Senator Cassidy’s New Climate Tax
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