Indiana Senate Bill SR0011

Indiana 2023 Regular Session

• Introduced: 2/2/23
• Refer: 2/2/23

Caption

Urging the Indiana federal congressional delegation to support the Baker-Shultz Plan.

Impact

The Baker-Shultz Plan is framed as an approach that would enhance the competitiveness of U.S. manufacturers by implementing a system of border carbon adjustments (BCA). This mechanism aims to level the competitive playing field for Indiana manufacturers against foreign entities that emit significantly higher levels of carbon during production. Proponents argue that this initiative could lead to substantial economic benefits for Indiana, potentially resulting in an increase of $190 billion annually in economic output compared to traditional regulatory measures aimed at reducing emissions.

Summary

Senate Resolution 0011 urges the Indiana federal congressional delegation to support the Baker-Shultz Plan, a pro-America and pro-innovation climate solution. This resolution reflects Indiana's commitment to fostering economic opportunities while taking care to preserve and enhance the state's environment. Citing the Indiana Climate Change Impacts Assessment, the resolution notes that anticipated environmental challenges pose considerable risks to both the economy and citizens, particularly affecting Indiana's significant agricultural sector.

Contention

While the resolution strongly endorses the Baker-Shultz Plan, it also raises the concern that any climate solution should not come at the expense of Indiana's citizens or harm its businesses. The proponents assert that the BCA policy would not only boost local manufacturing and jobs but also encourage a shift towards domestic production with lower emissions. However, questions remain regarding the practical implementation of such measures and their potential effects on local industries and environmental standards, which could lead to debates around the efficacy and fairness of these solutions.