The Carbon Dioxide Removal Leadership Act of 2026 directs the Department of Energy to remove specific quantities of carbon dioxide from the atmosphere each year through 2036 and beyond, with targets increasing from 50,000 to 10 million metric tons annually. The bill defines eligible technologies as those that capture CO2 directly from the air or seawater and store it durably, while excluding methods like enhanced oil recovery or natural photosynthesis. To ensure accuracy, the law requires independent third parties to measure, monitor, and verify removals, with costs included in the price of removal, which must drop from $750 per ton in 2026 to $150 per ton by 2037. The Secretary of Energy must prioritize projects that create domestic jobs, source materials locally, and benefit communities historically dependent on fossil fuels, while reserving at least 20 percent of removals for smaller projects. Additionally, the act mandates regular reports to Congress on progress and authorizes funding to carry out these removal obligations.
This bill establishes a comprehensive sanctions framework targeting the Russian government and its affiliated entities in response to ongoing military actions. It authorizes the President to block assets, revoke visas, and prohibit financial transactions for Russian officials, military leaders, and foreign persons supporting Russia's defense industry or undermining Ukraine. The legislation also bans U.S. investments in Russian energy sectors, prohibits the purchase of Russian sovereign debt, and imposes high tariffs on Russian imports while restricting crude oil purchases by specific foreign nations. Additionally, the bill prevents Russian companies from listing on U.S. stock exchanges and includes mechanisms for terminating sanctions only if Russia signs a peace agreement accepted by Ukraine and ceases hostilities.
The Investing in State Energy Act of 2026 requires the federal government to provide application guidance and publish funding allocations for state energy programs within 60 days of funds becoming available. Additionally, the bill mandates that financial assistance payments be sent to states and tribes within 30 days after they submit complete conservation plans. This legislation also increases funding for state energy initiatives by adding $100 million for each of the fiscal years from 2027 through 2031. These changes aim to streamline the process for states and tribes to receive and utilize federal energy conservation funds more quickly.
The Green Ribbon Act of 2026 establishes a new program to recognize schools and nonformal learning institutions that achieve high performance in environmental literacy, reducing their carbon footprint, and ensuring a positive impact on the health of their students and staff. Under this bill, the Department of Education would award grants to state agencies to support schools in meeting these goals, while the Institute of Museum and Library Services would create a similar award program for libraries, museums, and nature centers. The legislation also creates a new office within the Department of Education dedicated to providing technical assistance and resources for sustainable school infrastructure and facilities. Key provisions include setting aside specific funds for underresourced schools and Bureau of Indian Education schools, as well as requiring annual reports on the program's progress and outcomes.
The Make More in America Act of 2026 expands the Export-Import Bank's authority to provide loans, guarantees, and other financial support specifically for U.S. manufacturing projects that are intended for export. This new program targets strategic industries such as renewable energy, semiconductors, shipbuilding, and advanced robotics, with a goal of creating at least 30 percent of the Bank's annual financing for these domestic projects. To ensure accountability, the bill requires recipients to meet prevailing wage standards, commit to workforce training, and adhere to strict timelines, with funds subject to clawback if these conditions are not met. Additionally, the legislation increases the Bank's overall lending authority, establishes a new interagency committee to coordinate federal investment strategies, and tightens rules on who is eligible for Bank support.
The Energy Bills Relief Act aims to lower household energy costs and accelerate the development of low-cost, clean energy by modifying federal tax credits, expanding weatherization programs, and streamlining permitting processes. Key provisions include restoring tax incentives for renewable energy projects, increasing funding for low-income heating assistance, and requiring federal agencies to treat wind, solar, and storage projects with the same procedural fairness as oil and gas projects. The bill also establishes new incentives for upgrading the electricity grid, such as tax credits for transmission lines and grants for wildfire prevention measures, while creating mechanisms to ensure utilities serve public interests and protect consumers from price volatility.
The Clean Energy Workforce Act authorizes $100 million to help schools and colleges train students for jobs in clean energy, renewable energy, and climate change fields. The funding supports two main programs: grants for partnerships between schools and local businesses to create or expand educational courses that prepare students for these industries, and grants for educational facilities to become more energy-efficient and use renewable power. To ensure quality, the bill requires a review committee of educators and industry experts to evaluate grant applications, with priority given to programs that reach underserved students and share their methods with other schools.
The No Passes for Polluters Act of 2026 requires Congress to explicitly approve any federal exemptions from Clean Air Act requirements before they take effect. Under this bill, the President and federal agencies must submit a detailed message to both houses of Congress whenever they propose to exempt a pollution source from regulations, outlining the reasons and potential impacts. Once received, these proposals must be reviewed by congressional committees and enacted through a joint resolution that requires a two-thirds vote in both the Senate and the House of Representatives. The legislation also mandates regular reports to Congress and allows citizens to sue if the government uses an exemption without the necessary congressional approval.
This joint resolution seeks to officially disapprove a specific rule issued by the Environmental Protection Agency regarding emissions from coal- and oil-fired power plants. If passed, the measure would prevent the EPA's proposed repeal of existing national emission standards for hazardous air pollutants from taking effect. The legislation directly impacts the EPA and the electric utility industry by maintaining current regulatory requirements for these power generation units. It operates as a legislative veto, allowing Congress to reject a federal agency's rule without passing new laws.
This bill increases the corporate tax rate on stock buybacks to 25 percent for large oil and gas companies that meet specific revenue and operational criteria. It targets corporations with an average annual gross receipt of at least $1 billion that are primarily engaged in producing, refining, processing, transporting, or distributing oil or natural gas. The higher tax rate applies only to stock repurchases made after the bill is enacted and before gasoline prices fall below $2.937 per gallon for five consecutive weeks. If gasoline prices drop below this threshold, the special tax provision ceases to apply, and companies may claim a partial reduction in their tax liability based on the duration of the high-price period.
