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Code · BILL · 115th Congress · H.R. 7173 (Introduced in House) — To create a Carbon Dividend Trust Fund for the American people in order to encourage market-driven innovation of clea... · Sec. 7

Sec. 7. Impact of carbon fee on biomass use and carbon sinks

237 words·~1 min read·/bill/115/hr/7173/ih/section-7

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The Secretary of Energy shall enter into an agreement with the National Academy of Sciences to conduct a study, make recommendations, and submit a report regarding the impact of the carbon fee on the use of biomass as an energy source and the resulting impacts on carbon sinks. The study conducted under subsection
(a)by the National Academy of Sciences shall include analysis, documentation, and determinations on— the carbon fee and its impact on the use of biomass as an energy source and greenhouse gas emissions from the use of biomass as an energy source; the impacts of the use of biomass as an energy source on carbon sinks; and the various types of biomass that are being used as an energy source. Based on the findings and conclusions of the study, the National Academy of Sciences shall make recommendations to Federal departments and agencies and to Congress. The recommendations shall include any actions that should be taken to mitigate impacts of the carbon fee on— increasing greenhouse gas emissions from the use of biomass as an energy source; and degradation of carbon sinks relating to the use of biomass as an energy source. The National Academy of Sciences shall prepare a report that includes any findings and recommendations made pursuant to this section and, not later than 18 months after the date of the enactment of this Act, make such report electronically available to the public.
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