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Tuesday, December 24, 2024

Senators Cramer and Lummis Introduce PROVE IT Act to Protect American Industries from Foreign Carbon Taxes

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Senator Kevin Cramer, US Senator for North Dakota | Senator Kevin Cramer Official website

Senator Kevin Cramer, US Senator for North Dakota | Senator Kevin Cramer Official website

U.S. Senators Kevin Cramer and Cynthia Lummis have authored an op-ed in the Epoch Times, highlighting the need for the Providing Reliable, Objective, Verifiable Emissions Intensity and Transparency (PROVE IT) Act. The legislation aims to safeguard American workers from harmful foreign carbon taxes and ensure the competitiveness of U.S. industries.

The PROVE IT Act proposes that the U.S. Department of Energy (DOE) conduct a comprehensive study on the greenhouse gas emissions intensity of certain products produced in the United States and in certain foreign countries. This study will equip the United States with the necessary data to protect its industries from unfair tariffs and taxes.

Senators Cramer and Lummis, representing coal, oil, and natural gas producing states, express their opposition to a domestic carbon tax. They argue that the United States has long been a leader in energy production and innovation, setting global standards for clean energy. However, the current administration's onerous regulations, such as the closure of the Keystone XL Pipeline and restrictions on U.S. Liquified Natural Gas (LNG) exports, have hindered domestic energy production.

The op-ed cites an example of the French utility Engie canceling contract negotiations for U.S. LNG, claiming it was dirty. However, after recognizing the environmental leadership of American companies, Engie reversed its decision. This incident highlights the importance of reliable data to refute exaggerated claims and protect American producers from unfair treatment.

The senators emphasize that the PROVE IT Act is a proactive approach to deal with foreign nations and prevent similar incidents from occurring in the future. The legislation aims to publish a study of the comparative average emissions intensity of covered products from certain countries. By arming the United States with reliable data, the PROVE IT Act seeks to shield American manufacturers and producers from unjust tariffs and taxes.

It is crucial for the United States to have its own reliable data to counter the European Union's plans to implement a carbon border adjustment mechanism in 2026. By collecting and using its own data, the U.S. can defend its industries from the impact of European taxes on manufacturing and energy sectors.

The senators assert that the PROVE IT Act does not advocate for a domestic carbon tax. Instead, it provides the necessary tools to protect American industries without granting any federal agency the authority to impose or enforce greenhouse gas emissions taxes. The act's language explicitly states, "to impose, collect or enforce a greenhouse gas emissions tax, fee, duty, price or charge."

In conclusion, Senators Cramer and Lummis emphasize the need to be proactive in the fight against the Biden administration's assault on domestic energy production. The PROVE IT Act is seen as a crucial tool to promote American producers and ensure the United States remains a global leader in unparalleled energy production.

By collecting reliable data on emissions intensity, the United States can defend its industries, protect American workers, and maintain its position as a leader in clean energy production.

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