Carbon Fee and Dividend
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Transcript Carbon Fee and Dividend
CREATING THE POLITICAL
WILL FOR A LIVABLE
WORLD
CCL’S ADVISORY BOARD
George P. Shultz
Former Secretary of State
Dr. James Hansen
Former Director,
NASA Goddard Institute
Don Cheadle
Philanthropist, actor, director
Bob Inglis
Former Congressman (R-SC)
Dr. Katharine Hayhoe
Sam Daley-Harris
Founder of RESULTS
Dr. Daniel Kammen
Jose Aguto
Non-profit executive and
peace lobbyist
Director of the Climate
Science Center
Director of Energy Lab,
UC Berkeley
GLOBAL TEMPERATURES HAVE RISEN 1.5 DEGREES IN THE LAST 100 YEARS.
CO2 LEVELS HAVE NOT BEEN THIS HIGH IN 650,000 YEARS
GLOBAL DESERTIFICATION BY THE NUMBERS
Here is what the IPCC says:
“WE CANNOT AFFORD TO LOSE ANOTHER
DECADE. IF WE LOSE ANOTHER DECADE,
IT BECOMES EXTREMELY COSTLY TO
ACHIEVE CLIMATE STABILIZATION.”
Dr. Ottmar Edenhofer, Co-Chair IPCC, in April 2014 report
National pledges to cut greenhouse gas emissions, even if fully
implemented, would cap global warming at 3 degrees Celsius rather
than the 2 degrees targeted to avoid dangerous consequences.
European Climate Action and Energy Commission
IS THERE A SOLUTION?
CCL PROPOSES AN EFFECTIVE NON-PARTISAN
SOLUTION: CARBON FEE AND DIVIDEND
Putting a price on
carbon emissions at
the national level with
the collected revenue
returned to the
American people will
rapidly achieve large
emission reductions.
NOW HOW EXACTLY DOES THIS WORK?
TAX FOSSIL FUELS AT THE SOURCE.
US TREASURY PAYS AMERICAN FAMILIES A REBATE CHECK
OF $300-$400 PER MONTH.
Pay
$100/ton
100%
refund
FEE ON FOSSIL FUELS EMISSIONS IS
FULLY REBATED TO US HOUSEHOLDS.
U.S. COMPETITIVENESS
Border tariffs + rebates to U.S.
exporters will:
1.Ensure that U.S. manufacturers
aren’t disadvantaged,
2.Encourage other countries to enact
their own carbon taxes.
What would happen if the U.S. adopted
Carbon Fee and Dividend?
2014 REMI Study
GOODS AND SERVICES MADE WITH CLEAN ENERGY BECOME INCREASINGLY COST
COMPETITIVE AS THE PRICE ON CARBON BASED FUELS RISE.
2-3 MILLION NEW JOBS
$1.3 Trillion in additional GDP over 20 years
$ 1 .3 TR I LLI O N I N A D D I TIO NAL G D P
OV ER 2 0 Y EA R S
MONTHLY DIVIDEND PUTS MONEY IN THE HANDS OF
AMERICAN FAMILIES AND OUR COMMUNITIES
227,000 DEATHS PREVENTED
REMI: REPORT SUMMARY
Employment ● 2 million more jobs
● Reduces carbon dioxide
Climate
● Increases household incomes
Fiscal
Humanitarian ● Saves Lives
Economic
● $1.3 trillion more GDP
No economic case against Carbon Fee
GOOD FOR THE ECONOMY, HEALTH AND THE CLIMATE
CONSERVATIVE AND LIBERAL ECONOMIST AGREE…
“Policy wonks like me have long agreed that the best way to curb
carbon emissions is to put a price on carbon. The cap and trade
system President Obama advocates is one way to do that. A
more direct and less bureaucratic way to do this to tax carbon.
When polled, economists overwhelmingly support the idea.”
Gregory Mankiw
Harvard Professor & Economic Advisor to George W. Bush
COMPANIES PLANNING TO PAY A CARBON FEE
American Electric Power
BP
Chevron
ConocoPhillips
Delta Air lines
Duke Energy
DuPont
ExxonMobil
General Electric
Google
Microsoft
PG&E
Shell
Walt Disney
Walmart
Wells Fargo
" The science is clear. The economics are
compelling. We are seeing a shift toward the
economic architecture that will be necessary to
avoid a 2-degree-warmer world, an architecture
that supports green growth, jobs and
competitiveness. "
Rachel Kyte
World Bank Group Vice President and Special
Envoy for Climate Change
WHAT IS THE COST OF INACTION?
Cost of
catastrophes:
Inaction
today
“THE DECISIONS WE’RE MAKING TODAY — TO CONTINUE
ALONG A PATH THAT’S ALMOST ENTIRELY CARBON-DEPENDENT
— ARE LOCKING US IN FOR LONG-TERM CONSEQUENCES THAT
WE WILL NOT BE ABLE TO CHANGE BUT ONLY ADAPT TO, AT
ENORMOUS COST.”
CCL: METHODOLOGY
Focus on solutions
Instill hope
Educate constituents
Develop strong respectful
relationships with elected
officials on both sides of the
aisle.
CCL: NON-PARTISAN CONGRESSIONAL BRIEFING
Gibson introduces GOP resolution
on climate change
…be it Resolved, That the House of Representatives commits to working constructively,
using our tradition of American ingenuity, innovation, and exceptionalism, to create and
support economically viable, and broadly supported private and public solutions to study
and address the causes and effects of measured changes to our global and regional
climates, including mitigation efforts and efforts to balance human activities that have been
found to have an impact.
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