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HI HCR124
Concurrent Resolution
Status
3/29/2023
Primary Sponsor
Lisa Marten
Click for details
AI Summary
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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.
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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.
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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.
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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.
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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