‘A BILL
\nTo address climate disruptions, reduce carbon pollution, enhance the use of clean energy, and promote resilience in the infrastructure of the United States, and for other purposes.<\/p>\n
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,<\/p>\n
SECTION 1. SHORT TITLE; TABLE OF CONTENTS.
\n(a) SHORT TITLE\u2014This Act may be cited as the \u2018\u2018Climate Protection Act of 2013\u2019\u2019
\n…’<\/p>\n
jumping ahead to the key detail – the cost per ton pricing schedule: (A) for the first calendar year, $20; See full text of the bill: http:\/\/www.sanders.senate.gov\/imo\/media\/doc\/0121413-ClimateProtectionAct.pdf<\/a><\/p>\n
\n<\/em>
\n ‘(3) APPLICABLE AMOUNT.\u2014For purposes of paragraph (1), the amount of the fee shall be\u2014 <\/p>\n
\n(B) for each calendar year occurring after the first calendar year and before the 12th calendar year, an amount equal to the sum of\u2014
\n (i) the amount in effect under this paragraph for the preceding calendar year; and
\n (ii) the product (rounded to the nearest dollar) obtained by multiplying\u2014
\n (I) the amount described in clause (i); and
\n (II) 5.6 percent; and
\n(C) for the 12th calendar year and any calendar year thereafter, the amount in effect under this paragraph for the preceding calendar year.’<\/p>\n