The Low Carbon Economy Act proposes a national cap‑and‑trade system that sets emission limits for major industries, lets companies buy and sell emission permits, and directs auction revenues to a Climate Reinvestment Fund for renewable energy, nature‑based solutions and support for workers shifting to low‑carbon jobs.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB02481. Status changes over time; check the link for the latest.
HB02481 · Sources: BetterGov Open Congress, BatasWatch
Similar in what they’d do, filed by any lawmaker.