Summary of Bill HR 3358
Bill 118 hr 3358, also known as the Mission not Emissions Act, is a piece of legislation introduced in the US Congress with the goal of addressing climate change and promoting clean energy initiatives. The bill aims to reduce greenhouse gas emissions by setting targets for the federal government to achieve net-zero emissions by the year 2050.
One of the key provisions of the Mission not Emissions Act is the establishment of a National Climate Bank, which would provide funding for projects that reduce emissions and promote renewable energy sources. This bank would be tasked with investing in clean energy technologies and infrastructure, as well as supporting communities that are disproportionately affected by climate change.
Additionally, the bill includes measures to incentivize the adoption of electric vehicles, improve energy efficiency in buildings, and invest in renewable energy research and development. It also calls for the creation of a Climate Corps program, which would provide opportunities for young people to work on climate-related projects and gain valuable experience in the clean energy sector.
Overall, the Mission not Emissions Act represents a comprehensive approach to addressing climate change and transitioning to a more sustainable energy future. Supporters of the bill argue that it is necessary to take bold action to combat the effects of climate change, while opponents may raise concerns about the potential costs and regulatory burdens associated with the proposed measures.
Congressional Summary of HR 3358
Mission not Emissions Act
This bill prohibits any requirement for recipients of federal contracts to (1) disclose greenhouse gas emissions and climate-related financial risk, (2) report on greenhouse gas emissions, or (3) develop and submit greenhouse gas emissions reduction targets for validation by nongovernmental organizations.