CCL Miami | Progress | Rex Tillerson | Jerry Taylor | Bob Inglis | Elon Musk | James Hansen | REMI report | Holy Grail of Climate Action
The consensus is in. Experts (including conservative economists*) agree:
The answer: a revenue-neutral carbon fee & dividend
The call for carbon pricing is coming from nearly all directions,
including big oil, and now Republican elder statesmen.
The World Bank Carbon Pricing Dashboard
5 conservatives arguing for a price on carbon.
a list of leaders who endorse bold climate action and pricing carbon, including
national security leaders, energy companies, business associations, conservative
thought leaders, newspapers, municipalities and healthcare leaders.
|A revenue-neutral price on carbon emissions is considered
the Holy Grail of climate action by most thought leaders,
including many leading companies.
here to view a list of Nations, States, Cities, Businesses and Investors
who support carbon pricing.
"Seventy-four countries, 23 subnational jurisdictions, and more than 1,000 companies and investors expressed support for a price on carbon ahead of the UN Secretary-General’s Climate Summit."
Robert Rubin (Co-Chairman; Council on Foreign Relations, Former Secretary of the U.S. Treasury) says: "Climate change is the greatest threat facing humanity today. To avoid catastrophe, we must dramatically reduce the carbon intensity of our modern energy systems, which have set us on a collision course with our planetary boundaries." (Also endorses pricing carbon)
More statements from conservatives
Niskanen Center's compilation of endorsements.
ExxonMobil CEO Rex Tillerson's endorsement
tax: A cheap, proven fix to climate change
The Fee and Dividend plan is considered by many thought-leaders on both sides of the political aisle as the most effective solution to reducing greenhouse gasses. A fee + dividend plan is consistent with conservative economic principles. F&D has the endorsement of leading economists, top scientists, and leading economic policy analysts, including Republican icon, Secretary George Shultz, President Reagan's Treasury Secretary, Secretary of Labor, and Secretary of State. The Shultz-Becker Carbon Tax proposal is explained in this WSJ article.
Robert Reich explains Fee and Dividend
in 2½ minutes.
REMI Report's General Findings (PDF).
Regional Economic Models, Inc. is a leading economic modeling company with sector clients including energy, universities, municipalities and more.
We have three choices:
The libertarian argument for a carbon tax https://t.co/WmbGp2YuUO— Elon Musk (@elonmusk) July 29, 2016
British Columbia has been doing this since 2008 with GREAT success.
The revenue-neutral carbon tax could be a workable policy framework
for countries around the world – and be the policy most likely to preserve
the ability of every sector of society to seek new efficiencies and technologies.
The province of British Columbia in Canada has instituted a carbon tax that
offers policymakers a model of what such a system might entail."
Former Congressman Bob Inglis, founder
Bob Inglis visits Miami for screening of "Merchants of Doubt" with
John Englander, Coral Gables Jim Cason, and Miami republicEn.org group.
More than 430 companies around the world have already set internal prices for their carbon emissions. In 2014, the number of companies setting an internal price for carbon stood at just 150. Another 583 companies say they will adopt carbon pricing in the next two years.
74 countries, 23 sub-national jurisdictions, and more than 1,000 companies and investors expressed support for a price on carbon in advance of COP21.
Even BIG OIL is on board. In
Stunning Reversal, "Big Oil" Asks for Carbon Price (PDF)
Exxon Mobil endorses a revenue-neutral carbon
tax. ExxonMobil: "Our analysis shows that a revenue-neutral
carbon tax would be the most effective approach." from ExxonMobil,
Paris, and carbon policy | ExxonMobil's Perspectives Blog
Taylor was a Sr. Fellow at CATO Institute.
After 23 years, Taylor left the CATO Institute amid excessive Koch Brothers influence and formed the Niskanen Center, a libertarian think-tank focusing a few very important areas, including climate change. "The Conservative Case for a Carbon Tax" (PDF) is a provocative piece of thought-leadership re: the most popularly held, market-based alternative to inefficient and expensive regulations. (Most thought-leaders agree.)
Conservative Case for Acting on Climate: Why Putting a Price on Carbon Matters
A Conversation with Jerry Taylor | Carsey School of Public Policy
Excerpt from Dr. James Hansen's Apr. 27, 2016 letter from to Warren Buffet:
First, there will need to be an across-the-board gradually rising carbon fee or tax. This is the
underpinning needed to provide incentive for rapid innovation and investment. Without this fee,
fossil fuels continue to appear to be cheap to the consumer, as their price does not include their
costs to society arising from air pollution, water pollution, and climate change.
Second, these funds should not be grabbed by the government or used to fund politicians’
favorite subsidies, which would depress the economy. Economic studies show that a revenue neutral
carbon fee stimulates the economy and creates jobs. Returning all funds to the public
garners wide public support, helping avoid later overturning by subsequent political leaders.
An unprecedented federal court ruling this week validated the way the Obama
administration measures the social cost of carbon (SCC), a decision that could
have wide-ranging impacts on the future of the energy industry and the way the
United States addresses environmental justice.
In 2012, following disagreement with Heartland Institute's public denial of the scientific opinion on climate change, the R Street Institute was formed. Like Niskanen, R-Street understands the climate crisis and they support pricing carbon.
"Don't tell me it's impossible. Tell me you can't do it." - Dean Kamen