Friend,
For the past week, world leaders have been debating how best to address the looming disaster of climate change. At home, Congress is getting closer to passing significant legislation as part of the Build Back Better Act that could make great strides in combating climate change.
But the fact is that we still need a way to pay for climate-focused initiatives, and we need to make sure that polluters are paying their fair share to fix a problem they had a huge role in creating.
Senators Elizabeth Warren and Bernie Sanders, alongside four of their Democratic colleagues, have announced a new proposal to finally force Big Oil to clean up their mess : A climate fund to help pay for clean energy and climate action financed by charging the worst offenders for their past pollution.
These senators already have a sponsor – Rep. Jamaal Bowman – lined up to lead the Polluters Pay Climate Fund Act through the House, because progressive champions know how dire climate change has become. This plan would raise an estimated $500 billion by collecting fees from corporations for their past pollution and establish a Polluters Pay Climate Fund that directs the money towards the advancement of clean energy infrastructure, climate projects, and more.
The largest 25 to 30 fossil fuel companies, those that have caused the highest emissions, would pay the fee. It’s time to make these big polluters pay for the damage they’ve done.
Add your name to urge Congress to swiftly take up and PASS the Polluters Pay Climate Fund! >>
It’s critical that Congress move quickly on the Polluters Pay Climate Fund Act; recent reports from environmental experts make it clear that we cannot afford to waste any time in building this new energy infrastructure. Words from global leaders are not enough – we need to start doing the work at home before it’s too late.
In solidarity,
Sarah, Digital Campaigns Associate.
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