Could a Carbon Tax Save the Build Back Better Agenda?
The virtues of effective reduction of GHGs at low cost give flexibility in budget negotiations around climate provisions.
Carbon Pricing
The First Step Is Hardest: Austria Adds A Carbon Tax
Good summary about carbon taxes in European countries, what the right prices should be and why “it’s harder to go from $0 to $35 than from $35 to $135 per ton.”
NYT: Democrats Consider Adding Carbon Tax to Budget Bill
NY Times reports that Senate Majority Leader Schumer has directed Sen. Ron Wyden, chairman of the Senate Finance Committee, to craft legislation placing a price on carbon emissions.
New RFF analysis shows carbon tax is necessary complement to CEPP / tax credits
” … could help the United States halve emissions–-but without a carbon price or other substantial climate policies, reductions fall short.”
Why Carbon Pricing Is Preferable to Carbon Regulation
A new paper from the Niskanen Center explains why “carbon pricing” is a better way to reduce greenhouse gas emissions than traditional emission control regulations.
Finance “Gets” It, Takes Action
* 128 investment groups with $43 TRILLION in assets have committed to net-zero-by-2050 / 1.5oC max warming.
* Harvard divests from fossil fuels companies.
* Janet Yellen may regulate lending to fossil fuel companies.
* “ESG” disclosures may be mandated by the SEC.
WSJ: Democrats Rethink Climate Measures, Consider Carbon Tax
The centerpiece of climate action in Reconciliation, the CEPP, appears to be in trouble. Is carbon pricing more palatable? Can we tip Congress in our direction NOW?
Time To Press The Executives!
It’s time to get our EXECUTIVE leaders to lean on Congress/Senator Cortez Masto to include carbon pricing in the Reconciliation — federally and at the state leval.
Danny explains September strategy (4 mins.)
How shall we respond to the leak that the Senate Finance Committee is considering carbon pricing? Danny briefs us on the politics of the moment.