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February 4, 2020
Carbon Dividends, A Climate Solution Where All Sides Win
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AFCD-deck-2.3.pdf | |
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File Size | 2.1 MB |
Date | February 4, 2020 |
Downloads | 206 |
Version | 1 |
Author | Climate Leadership Council, Americans for a Carbon Dividend |
On February 4th, 2020, Ryan Costello, Managing Director of Americans for Carbon Dividends and Catrina Rorke, Vice President of Research for the Climate Leadership Council, gave a presentation to CWN's Energy Action Coalition.
The Climate Leadership Council is an international policy institute based in Washington, D.C. and was founded to promote a carbon dividends plan to incentivize significant reductions in carbon emissions.
They propose an economy-wide fee on CO2 emissions starting at $40 a ton and increasing every year at 5% above inflation. They believe the plan could cut U.S. CO2 emissions in half by 2035. All net proceeds from this fee would be paid as a dividend to Americans on a quarterly basis to help cover increased energy costs.