Bipartisan Carbon Pricing Bills Signal Hope for U.S. Climate Action

The World Resources Institute supports the introduction of the SWAP Act and the Raise Wages, Cut Carbon Act, both of which propose an increasing price on carbon and the use of revenue to reduce payroll taxes and fund clean energy R&D.

• Congressmen Francis Rooney and Daniel W. Lipinski introduced two bipartisan bills—the Stemming Warming and Augmenting Pay Act (SWAP Act) and the Raise Wages, Cut Carbon Act (H.R. 3966)—which both propose a carbon price that increases over time.
• The proposed legislation intends to allocate the majority of generated revenue toward reducing payroll taxes for employers and working Americans, with remaining funds supporting clean energy research and development, climate adaptation, and energy cost assistance for low-income households.

APA

Steer, A. (2019). Bipartisan Carbon Pricing Bills Signal Hope for U.S. Climate Action. World Resources Institute. https://www.wri.org/news/statement-bipartisan-carbon-pricing-bills-signal-hope-us-climate-action

Chicago

Steer, Andrew. Bipartisan Carbon Pricing Bills Signal Hope for U.S. Climate Action. World Resources Institute, 2019. https://www.wri.org/news/statement-bipartisan-carbon-pricing-bills-signal-hope-us-climate-action.

Wikipedia

{{cite press release |last1=Steer |first1=Andrew |title=Bipartisan Carbon Pricing Bills Signal Hope for U.S. Climate Action |publisher=World Resources Institute |date=25 July 2019 |url=https://www.wri.org/news/statement-bipartisan-carbon-pricing-bills-signal-hope-us-climate-action |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{steer2019bipartisan, author = {Steer, Andrew}, title = {{Bipartisan Carbon Pricing Bills Signal Hope for U.S. Climate Action}}, publisher = {World Resources Institute}, year = {2019}, month = jul, url = {https://www.wri.org/news/statement-bipartisan-carbon-pricing-bills-signal-hope-us-climate-action}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }