America's Clean Future Fund Act

The America's Clean Future Fund Act establishes the Climate Change Finance Corporation (C2FC) to finance clean energy and climate resilience projects, with specific goals to reduce greenhouse gas emissions by 45% by 2030 and achieve net-zero emissions by 2050. The C2FC will prioritize funding for communities disproportionately impacted by climate change, historically polluted areas, and communities reliant on carbon-intensive industries, with at least 40% of initial grant funds targeting these priority communities. The bill creates a carbon fee on covered entities (like oil, coal, and natural gas producers) starting in 2026, with the revenue funding three main programs: carbon fee rebates for individuals (75% of funds), the C2FC (15%), and transition assistance for communities affected by the shift from carbon-intensive industries (10%). The carbon fee begins at $65 per metric ton in 2026 and increases annually, with potential adjustments based on emissions targets.