Cap & Dividend

The simple & fair path to a healthy climate and prosperous families

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What is Cap & Dividend?

Cap and dividend is a simple, fair, and built-to-last policy solution to reduce the carbon and other heat-trapping emissions now harming our climate while boosting the income of most American families. It caps fossil fuels, requires energy companies to purchase pollution permits at auction, and returns all the auction revenue in equal amounts to every US resident with a valid Social Security number.

Faq | Resources

The Healthy Climate and Family Security Act of 2015

H.R. 1027 - 114th CONGRESS - 1st Session

The Healthy Climate and Family Security Act of 2015, introduced by Maryland Congressman Chris Van Hollen, is gaining support in the halls of Congress and from grassroots organizations across the country.

The bill has 27 House cosponsors:

Rep. Donald Beyer (VA-8)
Rep. Matt Cartwright (PA-17)
Rep. Alan Lowenthal (CA-47)
Rep. Gerry Connolly (VA-11)
Rep. Earl Blumenauer, Earl (OR-3)
Rep. Eleanor Holmes Norton (DC-At Large)
Rep. Raul Grijalva (AZ-3)
Rep. Peter Welch (VT-At Large)
Rep. Charles Rangel (NY-13)
Rep. Zoe Lofgren (CA-19)
Rep. Adam Schiff (CA-28)
Rep. Grace Napolitano (CA-32)
Rep. Michael Honda (CA-17)
Rep. John Conyers (MI-13)
Rep. Barbara Lee (CA-13)
Rep. Mark DeSaulnier (CA-11)
Rep. Jerry McNerney (CA-9)
Rep. Ted Lieu (CA-33)
Rep. Janice Hahn (CA-44)
Rep. James McGovern (MA-2)
Rep. Janice Schakowsky (IL-9)
Rep. Keith Ellison (MN-5)
Rep. Alcee Hastings (FL-20)
Rep. Sam Farr (CA-20)
Rep. Steve Cohen (TN-09)
Rep. Nydia Velasquez (NY-7)
Rep. Richard Nolan (MN-8)

Read the full text of the bill here

The Bill

The Healthy Climate and Family Security Act of 2015 (H.R. 1027) represents a simple, common sense, “cap and dividend” approach to addressing climate change that achieves aggressive greenhouse gas emissions reductions while supporting vibrant economic growth and a thriving middle class.

Introduced by Congressman Chris Van Hollen (D-Md), the bill requires CO2 emissions reductions of 20% by 2020, 40% by 2030, and 80% by 2050 below 2005 levels. It caps fossil fuels, requires energy companies to purchase pollution permits at auction, and returns all the auction revenue in equal amounts to every U.S. resident with a valid Social Security number.

By putting a price on carbon, the bill encourages energy conservation, energy efficiency and a shift to clean, renewable sources of energy. U.S. families will benefit both economically and environmentally from cleaner air and water and land, millions of jobs created in energy efficiency and renewable energy, and money in family bank accounts during the transition.

Read our fact sheet about the bill here

Latest news and updates

Faith Activists Deliver Pope’s Encyclical on Climate Change to Catholic Members of Congress; Urge Passage of ‘Healthy Climate and Family Security Act’

WASHINGTON, D.C. – American faith activists today delivered 166 copies of the Pope’s “climate change” encyclical to every Catholic member of the US Congress. In an accompanying letter, the activists asked the lawmakers to act on Pope Francis’ call to action on global warming by supporting HR 1027, “The Healthy Climate… continue reading »

Pricing Carbon, Paying Dividends, August 14, 2015

In This Issue: #1: National Journal: Clean Power Plan OK with Carbon Taxes #2: US Climate Plan: State Carbon Pricing Groups Meet, Share, Strategize #3: The Economist: Thinking Beyond a Global Carbon Price #4: Oregon Climate: Portland City Council Urges State to Enact Carbon Pricing #5: Citizens Climate Lobby: Republicans… continue reading »

Pricing Carbon, Paying Dividends, July 14, 2015

  In This Issue: #1: Robert Reich video: “Can we address climate change and boost the economy? Yes we can.” #2: Mike Sandler, Huffington Post: The Pope’s leadership opens the way for just solutions to the climate crisis #3: US Climate Plan: Leaders of state pricing carbon efforts gather in… continue reading »