Clean Competition Act
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Clean Competition Act
This bill creates a carbon border adjustment mechanism to lower greenhouse gas emissions in high-polluting sectors. This mechanism imposes charges on imports from carbon-intensive (e.g., fossil fuels, refined petroleum products, petrochemicals) manufacturers, encourages decarbonization efforts, and funds future research, development, and deployment efforts to achieve a net-zero carbon future.
The bill requires annual calculations of carbon intensity, imposes a carbon intensity charge on imports into the United States beginning after 2023, and allows for rebates for overpayments of charges.
The bill also establishes a grant program in FY2025 and subsequent fiscal years for investments in new technology to reduce carbon intensity in existing facilities and ensure best-in-class carbon intensity for proposed facilities.
Read twice and referred to the Committee on Finance.
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 4355: Clean Competition Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-4355/
"S. 4355: Clean Competition Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-4355/.
S. 4355, 117th Cong. (2026), https://openamerica.io/bill/117-S-4355/.
[S. 4355: Clean Competition Act](https://openamerica.io/bill/117-S-4355/)