Sign Up For A Weekly Course To Study The Economic Benefits Of Carbon Fee & Dividend!
How the Peer-Reviewed Literature Projects a Stronger Economy, More Good Jobs, Better Health, Benefits to the Poor, and Stabilizing Climate Risk
By Jerry Hinkle, CCL Research Coordinator
Citizens' Climate Lobby asserts that a Carbon Fee and Dividend (CFD) policy is “good for the economy and good for people,” but for some that assertion is not convincing because we are also advocates for the policy. Our advocacy would be strengthened by fully understanding and being able to relay why there is such strong support among independent experts (as reflected in the peer-reviewed economic literature) for this general type of policy. For example, why does "the largest economist’s statement in history" advocate for CFD as the best way to address climate change?
To strengthen volunteers’ ability to relay this information, CCL's Research Department is providing six one-hour educational training sessions on the “Economic Benefits of Carbon Fee & Dividend Policies.” The sessions will review the peer-reviewed literature on 1) emission reductions, 2) GDP impacts, 3) climate and health benefits, 4) job impacts, 5) the Household Impact Study and benefits to lower-income earners and 6) the role emissions regulations can play.
For anyone interested in attending these sessions live, the trainings are open to all. Just click on any of the training links below to RSVP and find out the Zoom information, there is no prerequisite. The white paper on the "Economic Benefits of Carbon Fee & Dividend" will serve as reference material and be distributed weeks before the course to participants that have RSVPed for those that want additional background on the topics before or after the course.
When: Weekly on Monday evenings starting March 15th at 8:00 pm ET/ 5:00 pm PT (one-hour each including time for Q&A):
- March 15th: Emission Reductions & Getting To Net Zero (Part One) (slides) (video)
- March 22nd: Impact on GDP (Part Two) (slides) (video)
- March 29th: Climate & Health Benefits (Part Three) (slides) (video)
- April 5th: Impact on Jobs (Part Four) (video) (slides)
- April 12th: Distribution & Fairness Concerns (Part Five)
- April 19th: Regulations & Complementary Policies (Part Six)
Participants will come away with a strong foundation as to how the peer-reviewed literature supports carbon pricing generally and CFD in particular. Specifically, the literature shows revenue-neutral carbon tax policies provide tremendous climate and health benefits at minimal to no economic cost. We will highlight research projections such as a policy as ambitious as the Energy Innovation and Carbon Dividend Act generating net benefits to the U.S. of roughly $1 trillion a year. Policies like CFD that distribute all funds directly to households are preferred by CCL because they provide a clear financial benefit to the most vulnerable in our society. Additionally, this series of trainings will also explore that while carbon pricing should be the backbone of an ambitious climate policy, certain regulations can be valuable complements to achieving science-based emission reduction targets.
In sum, the peer-reviewed literature shows a policy like the Energy Innovation and Carbon Dividend Act can quickly and efficiently help stabilize climate risk, increase job opportunities, greatly improve our health, and provide a strong financial benefit to the most vulnerable, all at roughly zero net economic cost! Sign up for any of the training sessions above and we look forward to having you join us!
Contact: Jerry.Hinkle@citizensclimatelobby.org for additional information.