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Carbon intensity

A measurement of how much carbon dioxide (or other greenhouse gases) is released into the atmosphere for each unit of a product manufactured.

Covered entity

A business or organization that operates a factory or facility subject to the new carbon reporting and charge requirements.

Eligible facility

A factory or industrial site that produces specific types of basic goods and is subject to the bill's reporting and charge rules.

Greenhouse Gas Reporting Program

An existing federal program that requires large greenhouse gas emitters in the US to report their emissions data to the Environmental Protection Agency.

Harmonized Tariff System

A worldwide standardized system for classifying traded products, used by customs authorities to identify goods and apply tariffs.

North American Industry Classification System (NAICS)

A system used by government agencies in the US, Canada, and Mexico to classify businesses by industry, based on their primary economic activity.

Carbon border adjustment

A system where a charge is applied to imported goods based on their carbon footprint, and a rebate is given to exported goods, to equalize carbon costs across international trade.