Data Sources for facts about the Energy Innovation and Carbon Dividend Act

Effective

This policy will reduce America’s emissions by at least 40% within 12 years. It’s supported by economists and scientists as simple, comprehensive, and effective.


Source: Text of the bill SEC. 9903 (a)(2)

Good for people

This policy will improve health and save lives by reducing pollution that Americans breathe. Poor air quality causes an estimated 114,000 U.S. deaths each year and sickens thousands more. Additionally, the carbon dividend puts money directly into people’s pockets every month to spend as they see fit, helping low and middle income Americans.


Source: Climate and health impacts of US emissions reductions consistent with 2 °C

Good for the economy

This policy will create 2.1 million new jobs, thanks to economic growth in local communities across America.


Source: Based on analysis of a similar proposal, The Environmental, Economic and Health Impact of Carbon Fee and Dividend, 2014

Bipartisan

Republicans and Democrats are both on board, cosponsoring this bill together. The majority of Americans support Congress taking action on climate change, including more than half of Republicans. Solving climate change is too urgent to get caught up in partisan politics.


Source: Registered voters support requiring fossil fuel companies to pay a carbon tax.

Infographic (all statistics in the first 10 years)

$3,456 annual dividend for a family of 4
$500 average extra pocket money per person each year
2.1 Million jobs created over 10 years


Source: Based on analysis of a similar proposal, The Environmental, Economic and Health Impact of Carbon Fee and Dividend, 2014

114,000 lives lost each year because of air pollution
295,000 lives saved through 2030 because of better air quality


Source: Climate and health impacts of US emissions reductions consistent with 2 °C

$240 billion in annual costs from environmental and health harms of fossil fuels


Source: Weather extremes, fossil fuel pollution cost U.S. $240 billion
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