To require the Administrator of the Environmental Protection Agency to conduct a feasibility study regarding the use of the shadow price of carbon in Federal spending decisions to take into account the resulting carbon dioxide emissions, and for other purposes.
Smarter Purchasing Act
This bill requires the Environmental Protection Agency (EPA) to conduct a study and report on whether it is feasible for agencies to factor in the shadow price of carbon in their internal decision-making processes for procurement, acquisitions, contracting, and other investments. The shadow price of carbon means the hypothetical surcharge to market prices for goods or services that involve significant carbon dioxide emissions in their supply chain.
The EPA must make the final report available to the public.
Introduced in House
Introduced in House
Referred to the House Committee on Oversight and Reform.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line