On the recordMarch 10, 2021
I ask unanimous consent that the text of the bill be printed in the Record. There being no objection, the text of the bill was ordered to be printed in the Record, as follows: S. 685 Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``America's Clean Future Fund Act''. SEC. 2. CLIMATE CHANGE FINANCE CORPORATION. (a) Establishment.-- (1) In general.--There is established in the executive branch an independent agency, to be known as the ``Climate Change Finance Corporation'' (referred to in this section as the ``C2FC''), which shall finance clean energy and climate change resiliency activities in accordance with this section. (2) Mission.-- (A) In general.--The mission of the C2FC is to combat and reduce the effects of climate change by building resilience among communities facing harmful impacts of climate change and supporting a dramatic reduction in greenhouse gas emissions-- (i) through the deployment of clean and renewable technology, resilient infrastructure, research and development, the commercialization of new technology, clean energy manufacturing, and industrial decarbonization; and (ii) to meet the goals of-- (I) by 2030, a net reduction of greenhouse gas emissions by 45 percent, based on 2018 levels; and (II) by 2050, a net reduction of greenhouse gas emissions by 100 percent, based on 2018 levels.…





