1. Short title This Act may be cited as the Pollution Transparency Act . 2. Findings Congress finds that— (1) sound economic and policy analyses require that the economic benefits of reducing climate change be considered together with the costs of policies and measures to reduce greenhouse gas emissions; (2) climate change, if not addressed, is projected to inflict substantial damage on the economy and people of the United States; (3) according to the Congressional Budget Office, the Government Accountability Office, and the Office of Management and Budget, the impacts of climate change are— (A) costing United States taxpayers billions of dollars annually; and (B) putting pressure on the Federal budget; (4) the expenditures by the Federal Government resulting from the effects of climate change are projected to increase, and reducing greenhouse gas emissions presents an opportunity to minimize those expenditures; (5) between calendar years 2008 and 2015, the United States reduced carbon pollution from the energy sector by nearly 10 percent, while the economy grew more than 10 percent; (6) more than 1,200 companies are taking the cost of climate change into consideration in business decisions; (7) estimates of the costs of greenhouse gases provide a method and measure, grounded in scientific and economic research, for monetizing— (A) the costs of greenhouse gas emissions; and (B) the benefits of reducing greenhouse gas emissions; (8) the National Academies of Sciences, Engineering, and Medicine has provided detailed recommendations for improving the estimate of the costs of greenhouse gases for the purpose of regulatory analysis; (9) the reduction of greenhouse gas emissions by other countries benefits the United States by reducing climate risks to the United States, and the reduction of greenhouse gas emissions by the United States benefits other countries