A Bill to Set a 100% Clean Electricity Standard by 2040
Requires U.S. electricity sector to reach 100% zero-emission generation by 2040.
Electric utilities serving over 1 GW of load shall reach 100% zero-emission electricity generation by 2040.
Tradable clean-energy credits issued for qualifying generation.
$48 billion over 10 years for transmission and storage.
FERC and EPA joint enforcement.
Mechanical parts, sourced & timed
Use this as your pre-round checklist. Memorize the source citation. Time yourself to the delivery target.
- Bill / Number
- S. 803 — A Bill to Set a 100% Clean Electricity Standard by 2040
- Funding source
- $48B over 10 years from general fund + tradable credits.
- Timeline
- 100% zero-emission by 2040.
- Aggressive — EIA AEO 2024 projects ~70% zero-emission by 2040 under current policy; the gap is closeable with this bill's incentives.
- Enforcing agency
- FERC + EPA.
- Yes — EPA Clean Air Act §111(d) (Massachusetts v. EPA, 2007).
- Penalty for non-compliance
- Credit-deficit penalties; potential CAA citizen suits.
- Source citation
- Princeton REPEAT (Jenkins et al., 2022), 'Final Report Summary on the Inflation Reduction Act' — repeatproject.org.
- Delivery time (read aloud)
- 1:10 (70s)
100% by 2040 forces premature retirement of paid-off coal and gas plants — stranded-asset risk for utilities and ratepayers.
Princeton REPEAT (2022) modeled this exact scenario — tradable credits in Sec. 2 cushion stranded-asset risk through compliance flexibility. And EIA (2024) shows new build solar+storage is already cheaper than operating existing coal in 7 of 9 NERC regions.