Us Congress House Bill HB9558

Us Congress 2023-2024 Regular Session

• Introduced: 9/12/24
• Refer: 9/12/24

Caption

Exported Carbon Emissions Report Act of 2024

Impact

The bill's implementation could play a significant role in informing policy discussions related to climate change by providing comprehensive data on emissions associated with U.S. fossil fuel exports. By publishing this information annually, the EPA will help facilitate a better understanding of how U.S. fossil fuel exports contribute to global greenhouse gas emissions. This transparency may influence future regulatory measures and public attitudes towards fossil fuel consumption and exportation.

Summary

House Bill 9558, also known as the Exported Carbon Emissions Report Act of 2024, mandates that the Administrator of the Environmental Protection Agency (EPA) collect, calculate, and publicly publish data on carbon dioxide and methane emissions attributable to fossil fuel exports. This legislation aims to enhance transparency regarding the environmental impact of fossil fuel production in the U.S. and its effects on global emissions. Furthermore, it stipulates a comparison of emissions from domestic fossil fuel usage with those resulting from exported fossil fuels.

Contention

Notably, the bill may encounter contention from stakeholders in the fossil fuel industry, which might perceive these reporting requirements as burdensome. Critics may argue that such regulations could hinder domestic production and competitiveness in the global energy market. Advocates for environmental protection, however, would likely argue that increased accountability for emissions is essential for addressing climate change and reducing the ecological footprint of exports from the U.S.