S.2712

Establishes a carbon fee to reduce greenhouse gas emissions and fund climate change resiliency projects.

The bill amends the Internal Revenue Code to establish a carbon fee on the use, sale, or transfer of covered fuels, such as crude oil, natural gas, and coal. It also imposes a fee on carbon-intensive products imported into the United States and refunds the fee on such products exported from the United States. The Climate Change Finance Corporation finances clean energy and climate change resiliency activities. The bill establishes the America's Clean Future Fund to receive fees and provide rebates.