WASHINGTON – U.S. Senators Jim Risch (R-Idaho) and Bill Cassidy, M.D. (R-La.), members of the Senate Energy and Natural Resources, led 13 Republican colleagues in opposing a carbon tax. The resolution highlights the negative impacts of a carbon tax, such as discouraging domestic manufacturing and energy production, more jobs and businesses moving overseas, and lower economic growth.

“This resolution sends a clear message: Carbon taxes are bad for our national security and poor energy policy. Carbon taxes manipulate the market, causing sky-high energy prices and hindering our ability to compete against countries, like China,” said Risch. “We cannot ignore our domestic energy resources and force Idahoans to foot the bill for the Biden administration’s radical green agenda.”

“Increasing the cost of energy in the U.S. with a carbon tax merely incentivizes industry and those jobs to move to Asia where dirtier fuel is used without any environmental safeguards. This increases global emissions and weakens our economy,” said Cassidy. “We should be for Americans and the environment, not an ideological devotion to a domestic carbon tax.”

The U.S. Energy Information Administration projects that the U.S. use of liquid fuels and natural gas will increase at least through 2050. Furthermore, the U.S. has reduced greenhouse gas emissions more than any other country since 2005.

The resolution urges Congress and the president to focus on pro-growth solutions that encourage increased development of domestic resources.

Risch and Cassidy are joined by U.S. Senators Kevin Cramer (R-N.D.), Mike Lee (R-Utah), John Cornyn (R-Texas), Pete Ricketts (R-Neb.), Roger Marshall (R-Kansas), John Barrasso (R-Wyo.), John Hoeven (R-N.D.), Cynthia Lummis (R-Wyo.), Mike Rounds (R-S.D.), Ted Budd (R-N.C.), James Lankford (R-Okla.), Ted Cruz (R-Texas), and Cindy Hyde-Smith (R-Miss.) in sponsoring the resolution.

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