Today, Representative Carlos Curbelo (FL-26), (click here) co-chair and co-founder of the House Climate Solutions Caucus, joined the Columbia University Center for Global Energy Policy to discuss the introduction of his new legislation to fight carbon emission and fund infrastructure.
H.R. 6463, the Modernizing America with Rebuilding to Kick-start the Economy of the Twenty-first Century with a Historic Infrastructure-Centered Expansion Act, or the MARKET CHOICE Act, would:
- Set the United States on a path to reduce carbon emissions and not only fulfill, but exceed the commitments set out under the Paris agreement;
- Raise much-needed revenue to modernize our national infrastructure – a bipartisan priority that remains elusive without a new influx of revenue – by providing an additional $285 billion for the Highway Trust Fund and $18 billion for the Airways Trust Fund;
- Eliminate regressive, inefficient and discriminatory taxes like the gasoline tax and the aviation fuel tax to promote equitable treatment for Americans driving traditional cars and ensures all Americans are contributing their fair share to our country's infrastructure needs;
- Create long-term regulation stability by establishing a moratorium on the EPA from finalizing and enforcing Clean Air Act regulations on greenhouse gas emissions – thus providing much-needed regulatory certainty for utilities and businesses and limiting economic repercussions of additional regulations;
- Hold trade partners accountable by way of a border tax adjustment, protecting American exporters competitiveness abroad; and
- Protect lower income Americans from higher utility bills and assist displaced workers.
