The Nature Conservancy Responds to the Reintroduction of the Market Choice Act
The Market Choice Act of 2021 was introduced in the U.S. House of Representatives today by Rep. Brian Fitzpatrick, R-Pa and Rep. Salud Carbajal, D-Ca. The Act replaces the federal gas tax with a price on carbon of $35 per ton. In addition to addressing the persistent funding problems for upkeep of our nation’s transportation infrastructure, the revenue collected would support development of carbon capture technology, spur deployment of natural climate solutions, and provide significant investment in resilience against climate impacts.
The Market Choice Act creates opportunities to invest in better choices, better technologies, and better communities.
The Nature Conservancy’s Director of Climate and Energy Policy for North America, Jason Albritton, released the following statement in response:
“The climate crisis is not abating, and we have to act now and act decisively to reduce the greenhouse gas emissions that cause climate change,” said Albritton. “We also need to address the urgent challenge of updating the infrastructure that supports our economy. The American Society of Civil Engineers has given America’s infrastructure a grade of C-. The Market Choice Act is designed to address these dual challenges by ensuring actual, measurable pollution reductions while investing in critical infrastructure and the deployment of clean energy technologies.
“This legislation could provide a key component of the climate solution set while also offering a way to fund essential infrastructure improvements. It also helps address critical issues like relieving inequities faced by frontline communities, bolstering resilience to climate change, and supporting new economic opportunities in fossil fuel communities. The Market Choice Act creates opportunities to invest in better choices, better technologies, and better communities.”
“We are grateful for Rep. Fitzpatrick and Rep. Carbajal's leadership and commitment. We appreciate this important contribution to the discussion on how to equitably achieve the long-term emission reductions the science says we need.”
The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world's toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping make cities more sustainable. Working in 72 countries and territories: 38 by direct conservation impact and 34 through partners, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. To learn more, visit www.nature.org or follow @nature_press on Twitter.