; and (B) the carbon fee rate in effect during the calendar year preceding the year in which the capture of such carbon dioxide occurs. (3) Exception In the case of any direct air capture facility which is owned by an entity that is determined to be in violation of any applicable air quality regulations, such facility shall not be eligible for any payment under this section during the period of such violation. (4) Coordination with credit for carbon dioxide sequestration The Secretary of Energy shall not make a payment under this subsection with respect to any facility for any unit of carbon dioxide for which a credit has been allowed with respect to such unit under section 45Q of the Internal Revenue Code of 1986. (d) Coordination with carbon oxide sequestration credit Section 45Q(f) is amended by adding at the end the following new paragraph: (8) Coordination with carbon capture and sequestration payments No credit shall be allowed under this section with respect to any unit of carbon oxide which has received any refund or payment with respect to such unit under section 3(c) of the Climate Action Rebate Act of 2019 or section 4695. . (e) International negotiations The Congress finds the international mitigation of greenhouse gas emissions to be of national importance. Therefore, the Congress encourages the Secretary of State, or the Secretary’s designee, to commence and complete negotiations with other nations with the goal of forming treaties, environmental agreements, accords, partnerships, or any other instrument that effectively reduces global greenhouse gas emissions to 10 percent of 2017 levels by 2050 and which respect the principle of common but differentiated responsibilities and respective capabilities. 4. Establishment of the Climate Action Rebate Fund (a) In general Subchapter A of chapter 98 of the Internal Revenue Code of 1986 is amended by adding at the end the following: 9512. Climate Action Rebate Fund (a) Establishment and funding There is hereby established in the Treasury of the United