Earth Act to Stop Climate Pollution by 2030
A BILL
To ensure 100 percent renewable electricity, zero emission vehicles, and regenerative agriculture by 2030 to address global warming caused by human activity.
Sec. 2 Findings
Sec. 3 Renewable energy
Sec. 4 Zero emission vehicles
“220. Zero emission vehicle production
“(a) Minimum annual percentage—The minimum annual percentage of the total quantity of new motor vehicles sold by a vehicle manufacturer that are zero emission vehicles shall be—
“(1) in each of 2027, 2028, 2029, at least 80 percent; and
“(2) in 2030, and in each year thereafter, 100 percent.
“(b) Regulations—Not later than 180 days after the date of enactment of this section, the Administrator shall issue regulations to carry out this section.
“(c) Required submissions—The regulations issued under subsection (b) shall require a vehicle manufacturer to submit to the Environmental Protection Agency, the Department of Energy, and the Department of Transportation—
“(1) not later than one year after the date of enactment of this section, and annually thereafter, a plan to achieve compliance with the requirements of this section, including the steps to be taken with respect to materials and supply chains;
“(2) by April 15, and annually thereafter, a report on compliance with this section, including evidentiary documentation, regarding such compliance; and
“(3) documentation regarding lifecycle greenhouse gas emissions of applicable new zero emission vehicles.
“(d) Grants for transition assistance
“(1) In general—The Secretary of Transportation shall make competitive grants to vehicle manufacturers to pay up to 50 percent of the costs of meeting the requirements under this section.
“(2) Priority—In awarding grants under this subsection, the Secretary of Transportation shall give priority to vehicle manufacturers who demonstrate significant financial need, as determined by the Secretary of Transportation, to meet the requirement of paragraph (1) or (2) of subsection (a).
“(3) Application—To be eligible to receive a grant under this subsection, a vehicle manufacturer shall submit to the Secretary of Transportation an application at such time, in such manner, and containing such information as the Secretary of Transportation may require.
“(e) Report—Not later than 180 days after the date of the enactment of this section, the Administrator shall develop and publish, including on the public website of the Environmental Protection Agency, a report on—
“(1) best practices for meeting the requirements of paragraphs (1) and (2) of subsection (a); and
“(2) guidance on how to apply for a grant under this section.
“(f) Definitions—In this section:
“(1) Motor vehicle—The term motor vehicle, as defined by this part, includes the following:
“(A) A light-duty vehicle that is capable of seating 12 passengers or less.
“(B) A light-duty truck which has a gross vehicle weight in excess of 6,000 pounds.
“(C) Heavy duty vehicle which has a gross vehicle weight in excess of 8,500 pounds.
“(2) Vehicle manufacturer
“(A) In general—The term ‘vehicle manufacturer’ means an entity that—
“(i) engages in the manufacturing of new motor vehicles; and
“(ii) sells no fewer than 100 new motor vehicles to ultimate purchasers, either directly or through an affiliate, such as a dealer.
“(B) Exclusions—The term ‘vehicle manufacturer’ does not include—
“(i) a motor vehicle parts supplier; or
“(ii) a dealer.
“(3) Zero emission vehicle—The term zero emission vehicle means a motor vehicle, as defined by this subsection, that produces zero exhaust emissions of any criteria pollutant, precursor pollutant, or greenhouse gas in any mode of operation or condition.”
Sec. 5 Regenerative agricultural practices
Sec. 6 Greenhouse gas emissions reduction regulations
Sec. 7 Animal welfare
Sec. 8 Tax provisions relating to climate transition costs
“(s) Qualified capital climate transition costs
“(1) In general—In the case of a retail electric supplier, vehicle manufacturer, or covered land or livestock corporation, the amount of any deduction allowed under subsection (a) with respect to qualified capital climate transitions costs (determined without regard to this subsection) shall be doubled.
“(2) Qualified capital climate transition costs—For purposes of this subsection, the term qualified capital climate transition costs means costs directly related to a transition to renewable energy sources, electric vehicle manufacturing, or regenerative agriculture, as such terms are defined by the Secretary.
“(3) Definitions—For purposes of this section—
“(A) Covered land or livestock corporation—The term covered land or livestock corporation has the meaning given such term in section 5(f)(1) of the Earth Act to Stop Climate Pollution by 2030.
“(B) Retail electric supplier—The term retail electric supplier has the meaning given such term in section 3(c)(4) of the Earth Act to Stop Climate Pollution by 2030.
“(C) Vehicle manufacturer—The term vehicle manufacturer has the meaning given such term in section 220(f)(2) of the Clean Air Act.”
“(D) at the election of the taxpayer, qualified capital climate transition property (as defined in subsection (f).”
“(f) Qualified capital climate transition property
“(1) In general—For purposes of this subsection, the term qualified capital climate transition property means property directly related to a transition to renewable energy sources, zero emission vehicle manufacturing, or regenerative agriculture, as such terms are defined by the Secretary.
“(2) Limitation—The Secretary shall establish by regulation the aggregate cost which may be taken into account under subsection (a) with respect to qualified capital climate transition property.
“(3) Regulations and guidance—The Secretary may issue such regulations or guidance as necessary to broadly define qualifying section 179 property based on the qualified capital climate transition costs that can be expected to be necessary in future taxable years.”
Sec. 9 Support, oversight, and reporting
Sec. 10 Disallowance of deductions for non-compliant businesses
“280I. Expenditures of non-compliant businesses
“No deduction shall be allowed for any amount paid or incurred during the taxable year in carrying on any trade or business if such trade or business (or the activities which comprise such trade or business) does not comply with the provisions of the Earth Act to Stop Climate Pollution by 2030 at any time during such taxable year.”