1. Short title This Act may be cited as the Clean Competition Act . 2. Carbon intensity charge (a) In general Chapter 38 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subchapter: E Carbon intensity charge Sec. 4691. Calculation of carbon intensity. Sec. 4692. Imposition of carbon intensity charge. Sec. 4693. Rebate. Sec. 4694. Definitions. 4691. Calculation of carbon intensity (a) Reporting requirements Not later than June 30, 2026, and annually thereafter, any covered entity shall, for each eligible facility operated by such entity, report to the Secretary (and, for purposes of the information described in paragraphs (2) and (3), the Administrator) with respect to the following: (1) Any information required to be reported to the Administrator under the Greenhouse Gas Reporting Program (or which would be required to be reported notwithstanding any other provision of law prohibiting the implementation of or use of funds for such requirements) for the preceding calendar year. (2) The total amount of electricity used at such facility during the preceding calendar year, including— (A) whether such electricity was provided through the electric grid or a dedicated generation source, (B) the terms of any power purchase agreements with respect to such facility, and (C) with respect to any electricity which was not provided through the electric grid, the greenhouse gas emissions associated with the production of such electricity, provided that such emissions are not reported pursuant to paragraph (1). (3) The total weight (expressed in tons) of each covered primary good produced at such facility during the preceding calendar year. (b) Calculation (1) Carbon intensity (A) Eligible facility For purposes of this subchapter, for each calendar year, the carbon intensity with respect to any eligible facility shall be an amount equal to the quotient of— (i) the covered emissions (as determined under paragraph (2)) with respect to such facility, divided by (ii) the total weight (expressed