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Internal Revenue Code of 1986

The main body of tax laws in the United States, which outlines how the federal government collects taxes.

Carbon fee

A charge applied to activities or products that release carbon dioxide or other greenhouse gases into the atmosphere, intended to discourage such emissions.

Greenhouse gas emissions

Gases released into the atmosphere, such as carbon dioxide and methane, that trap heat and contribute to climate change.

Climate-resilient infrastructure

Buildings, roads, bridges, and other essential systems designed to withstand and recover from the impacts of extreme weather events and a changing climate.

Industrial decarbonization

The process of reducing or eliminating carbon emissions from heavy industries like manufacturing, cement, and steel production.

Fossil fuels

Natural fuels like coal, oil, and natural gas, formed from the remains of ancient organisms, which release greenhouse gases when burned.

Environmental justice

The fair treatment and meaningful involvement of all people, regardless of race, color, national origin, or income, with respect to the development, implementation, and enforcement of environmental laws, regulations, and policies.