Search Results for carbon-tax
14 item(s) were returned.
Discussion

Looking Back and Pushing Ahead: Energy Policy in the New Year

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: December 31, 2018 at 10:29 AM

From attempts to bail out coal and nuclear to a Green New Deal, 2018 was an interesting year for energy policy. With a newly divided Congress taking office in January, it seems likely that disagreements regarding the future of the energy industry will continue in 2019, though there may be areas with potential for bipartisanship. Outside of the federal government, it can be expected that 2019 will continue the trend of many state and local governments, as well as private organizations, being active in shaping the direction of our energy sector. A major trend of 2018, which will continue into… [more]

View Discussion
Discussion

After Two Defeats in Washington State, Where Next For A Carbon Tax?

Author(s): Ed Dolan
Senior Fellow
Niskanen Center
Date: November 26, 2018 at 10:04 AM

Conservative and progressive policy wonks agree: a carbon tax is the most promising of all tools to fight climate change. Such a tax would spur investments in green energy and encourage motorists to buy more electric cars. It would minimize the role of regulatory bureaucrats and maximize that of markets. What is not to love about a carbon tax? The sticking point is what to do with the billions of dollars of revenues such a tax would generate. Conservatives favor using the money for a revenue-neutral tax swap. Lower taxes on capital would encourage investment, lower payroll taxes would encourage… [more]

View Discussion
Discussion

Carbon Tax: Barriers and Solutions

Author(s): Mike Shatzkin
Founder & CEO
The Idea Logical Company, Inc.
Date: June 18, 2018 at 10:30 AM

Although there is a broad consensus that we need to “price carbon” to enable markets to account for the external costs of burning fossil fuels, no proposed national legislation has received significant traction since the failure of the Waxman-Markey cap-and-trade bill in 2010. One formula, long advocated by the non-partisan Citizens’ Climate Lobby but never proposed as legislation, is to simply refund the tax revenue in equal shares to individuals. CCL proposed starting at $15 per ton (which equates to 15 cents per gallon of gas) with an annual increase of $10 a ton forever. CCL has been instrumental in… [more]

View Discussion
Discussion

Strategic Planning to Avert a Global Warming Catastrophe

Author(s): Henry M. Goldberg
Consultant
Independent
Date: December 4, 2017 at 10:00 AM

The United States and world are facing a crisis of enormous magnitude if the global warming problem is not addressed properly.  Every country in the world, except the current U.S. administration, supports the Paris climate agreement goal limiting the rise in global average surface temperature to 2°C (3.6°F).  The consequences of failure could be a catastrophic future: Flooding from rising sea levels, more severe hurricanes/heat waves/wildfires, crop failures and droughts, and greater stress on an already aging infrastructure. Climate scientists generally agree carbon emissions should be reduced to near zero by mid-century to avert catastrophic climate change. But the voluntary… [more]

View Discussion
Discussion

Targeting Corporate Climate Risk

Author(s): Sharon Reishus
President
Reishus Consulting, LLC
Date: July 10, 2017 at 10:00 AM

With American federal climate policy in retreat after President Trump announced his intention for the US to withdraw from the Paris Accords, where will climate change activists focus their efforts? While recent announcements coming from local politicians indicate that cities from Portland to Pittsburgh, plus many states, are intent on moving forward with strategies to decarbonize, corporations form a key sector whose willingness to embrace strategies to avoid climate risk matters greatly. Do shareholder activists play a critical role in forcing large businesses, especially those firms holding fossil fuel assets, to acknowledge risks and adopt strategies that directly address climate… [more]

View Discussion
Discussion

A Carbon Dividends Plan

Author(s): Dan Miller
Managing Director
The Roda Group
Date: February 14, 2017 at 9:00 AM

Climate change poses a threat to the safety and prosperity of America’s and the world’s citizens. Every major scientific academy agrees that global warming is real, is mostly caused by humans, and requires urgent action. The signs of climate change are all around us. For example, the volume of the summer Arctic sea ice has dropped about 70% in the past 30 years and global temperatures have set records for the past 3 years in a row. And while most world leaders and climate scientists agree that we should not let the world warm more than +2ºC, we are on… [more]

View Discussion
Discussion

Tax Pollution, Not Profits

Author(s): Congressman John Delaney (D-MD)
Member
U.S. House of Representatives
Date: July 7, 2015 at 8:00 AM

Climate change is a threat to our environment and our economy, and we cannot afford the risk of inaction. With our free market economy, the best solution is a simple, transparent tax on carbon that unleashes the power of the market and enables America to lead the way toward a new, clean energy economy. Importantly, a carbon tax produces revenues that can be used to help American businesses and families. But there are many options for how to use these revenues. Critics of carbon taxes frequently cite slower economic growth, increasing taxes on the poor, and hurting coal workers as… [more]

View Discussion
Discussion

Government as Innovator: Not so Fast

Author(s): Lewis J. Perelman
Principal
Perelman Group
Date: January 21, 2015 at 9:00 AM

Jesse Jenkins (MIT) and Matthew Stepp (Center for Clean Energy Innovation) are among a number of policy analysts who have called for a “tax and invest” strategy to combat global warming. That is: A modest tax on carbon emissions would be invested in government research, development, and innovation-promotion programs to commercialize new alternative energy technology. But in a recent article I have argued there are at least four reasons to question whether typical government technology programs would be as cost-effective an investment as Jenkins and others claim: 1. The government role in innovation is neither necessary nor sufficient. Of the… [more]

View Discussion
Discussion

Would a carbon tax effectively combat climate change?

Author(s): Lee Lane
Visiting Fellow
Hudson Institute
Date: July 24, 2014 at 9:30 AM

A number of scholars, from the left and the right have floated versions of a carbon tax. Henry Paulson has also weighed in, favoring a tax. In theory, a uniform comprehensive carbon tax enforced among all major global emitters might have great advantages. Such a tax, if linked to a stringent accounting system, could be more transparent than any other approach to greenhouse gas control. In contrast to command-and-control schemes, a tax would target abatement resources to where they would be most cost-effective. A tax, unlike the 2009  cap-and-trade bill, would make it harder for proponents to falsely promise both… [more]

View Discussion
Discussion

The European Union’s Emissions Trading System: Climate Model, Now Climate Muddle?

Author(s): Wil Burns
Co-Executive Director
The Institute for Carbon Removal Law and Policy, American University
Date: July 15, 2013 at 10:26 AM

The European Union’s Emissions Trading System (EU-ETS) is an extremely important component of global climate policymaking. It represents more than 80% of the global market value of emissions trading permits and serves as the cornerstone of the EU’s response to climate change. Moreover, a number of other States and sub-national actors, such as California – which has the second largest carbon trading program in the world – have either linked their emissions trading systems to the EU-ETS, or contemplate doing so in the future. However, with the price of allowances plummeting a startling 83% from 2008-2013 the EU-ETS is abjectly… [more]

View Discussion