Carbon pricing bill introduced in Rhode Island House, Senate

Rhode Island’s “clean energy investment and carbon pricing act of 2017” (S0365/H5369) is sponsored by Senator Jeanine Calkin and Representative Aaron Regunberg. 

The fee would start at $15 per ton of CO2, increasing by $5 per ton annually. 70% of the revenue would be refunded via per capita and per employee rebates to families and businesses, while 25% would be invested into renewable energy and efficiency programs.

The bill text is available here: