WASHINGTON – U.S. Senator Kevin Cramer (R-ND), member of the Senate Environment and Public Works (EPW) Committee, joined U.S. Senator Bill Cassidy, M.D. (R-LA) and colleagues in introducing a resolution opposing a carbon tax. The resolution urges Congress and the president to focus on pro-growth solutions that encourage increased development of domestic resources.
“American businesses already pay a de facto carbon tax in the form of environmental stewardship,” said Senator Cramer. “Piling on a new regressive domestic tax would disadvantage American workers by encouraging more investment overseas in places with lax environmental standards and more pollution. The last thing we need to do is undercut the American producers who continue to make significant strides in reducing emissions.”
“Increasing the cost of energy in the U.S. with a carbon tax merely incentivizes industry and those jobs to move to Asia where dirtier fuel is used without any environmental safeguards. This increases global emissions and weakens our economy,” said Dr. Cassidy. “We should be for Americans and the environment, not an ideological devotion to a domestic carbon tax.”
Additional cosponsors include U.S. Senators Mike Lee (R-UT), John Cornyn (R-TX), Jim Risch (R-ID), Pete Ricketts (R-NE), Roger Marshall (R-KS), John Barrasso (R-WY), John Hoeven (R-ND), Cynthia Lummis (R-WY), Mike Rounds (R-SD), Ted Budd (R-NC), James Lankford (R-OK), Ted Cruz (R-TX), and Cindy Hyde-Smith (R-MS).
Click here to read the resolution.