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HI HCR124

Concurrent Resolution

Status

Engrossed

3/29/2023

Primary Sponsor

Lisa Marten

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Urges the United States Congress to pass national carbon fee and dividend legislation that imposes a tax on burning fossil fuels and returns revenues to households.

  • Cites climate change impacts anticipated for Hawaii including ocean and air temperature increases, sea level rise, droughts, severe weather, ocean acidification, and more frequent wildfires.

  • Notes support from over 3,600 economists including 28 Nobel Laureates and 15 former chairs of the Council of Economic Advisers who endorse carbon tax as the most cost-effective way to reduce emissions.

  • Indicates a carbon fee and dividend program can include border adjustments such as carbon-content-based tariffs on imports from countries without comparable carbon pricing to maintain competitiveness of U.S. businesses.

  • Requires certified copies of the resolution be transmitted to the President, Vice President, Speaker of the House, Senate Majority Leader, and Hawaii's congressional delegation.

Legislative Description

Urging The United States Congress To Adopt National Carbon Fee And Dividend Legislation.

United States Congress

Last Action

The committee on EET deferred the measure.

4/13/2023

Committee Referrals

Energy, Economic Development, and Tourism4/4/2023
Public Safety, Intergovernmental and Military Affairs3/30/2023
Energy & Environmental Protection3/15/2023

Full Bill Text

No bill text available