What additional questions do you have about CLC and their policy?
Question #2: Would these same economists endorse H.R. 763? There are some differences between it and CLC's version of Carbon Dividends (e.g., first year carbon fee, annual escalator, tort immunity)?
1. While there isn't a backstory available on their website I've heard that the CLC staff worked with their significant network of academic connections throughout the country to coordinate, reach out, and directly ask economics professors to sign on and the top-tier names of economists like Yellen, Bernanke, Greenspan, Kahneman helped provided heft and notoriety to their ask.
2. I know that there's an emerging plan within the Grasstops Engagement Action Team to provide support for endorser delegates reaching out to the local economists on their list to ask for their support for HR 763 - feel free to join that team to find out more information and here's a template from one of our CCL leaders in IN who's reached out to more than a dozen folks close to his chapter in the mean time!
2. I was watching the Resources for the Future discussion called the Future of Carbon Pricing. HR 763 was referred to as the Deutch bill, but the panelists also referred to the Climate Leadership Council legislation. My question: Is CLC trying to get sponsors for a specific bill?
As an aside the Future of Carbon Pricing program featured Gilbert Metcalf, a Tufts Economist, who wrote a book called "Paying for Pollution: Why a Carbon Tax is Good for America." His book was written for lay people, not equations or supply and demand curves. He specifically said it was good for Congressional staffers.https://www.rff.org/events/rff-live/future-carbon-pricing/
3. Is the sticking point with economists our low initial carbon fee and the $10 a year incremental steps?
1. George Shultz has fully supported the Energy Innovation Act, you can see his name/quote along with all of the other supporters on the main act page here:
"The urgency to reduce emissions is now painfully obvious. I fully support the bipartisan Energy Innovation and Carbon Dividend Act. Its predictability mitigates price uncertainty, and its full dividend return makes it politically durable---both essential to markets investing in the next great industrial revolution. This bill prices carbon in an efficient, effective and equitable way that will enhance our national security, help level the playing field in world trade, and redeem America’s leadership role, all without growing the size of the government."
George P. Shultz - Former US State and Treasury Secretary
2. Great recommendation to connect with Gilbert Metcalf, Resources for the Future, their recent webinar and his book.
3. Great question on the price points from an economics perspective - I've asked members of CCL's Economics Policy Network to also weigh in, but you're welcome to pose your question there as they're specifically available for volunteer questions with an economics dimension.
Is CCL concerned about a different carbon tax being passed before ours? I kind of am since other seemingly popular ones such as the CLC's seems to include too much regulatory rollback and not enough yearly ramp up.
I keep since news about carbon tax plans with no mention of HR 763 and its pretty frustrating! For example this article - I can't even tell how many different plans there are as opposed to coalitions just calling for a plan in general. https://www.axios.com/the-big-corporate-shift-on-climate-change-1edea61e-ca43-4df9-a293-d42e00f08caa.html WHy aren't we represented in news coverage?
1. If you go to https://energyinnovationact.org/statements/, you'll note that Nature Conservancy, the Environmental Defense Fund, and many other Big Green organizations have issued statements of support for the Energy Innovation Act as well.
2. Excellent question! Danny Richter addressed these kinds of questions and the CLC a few times during his Path Forward Address at the conference. (all Conference videos here)
3. Regarding, see the advice CCL's Communications team provides all volunteers here: Harnessing Media About the Energy Innovation Act and feel free to continue the discussion in the Media Forums about pitching news stories here.
@Brett Cease
From what I've understood, CCL's EICDA missed to pass on 2021 by one vote. Which means all democrats voted for it (except Joe Manchin) and all republicans voted against.
If the plan from the CLC is endorsed by at least some republicans, wouldn't it be a relevant medium to raise partisan barriers and implement carbon pricing in the US?
Disclaimer: writing this from France so I'm not up to date on US politics
We pushed for carbon pricing to be included in the reconciliation bill, called Build Back Better at the time. It eventually passed as the Inflation Reduction Act, but without carbon pricing.
Click this link and you'll see a bunch of CCL blog posts from that era.
Hi @T Todd Elvins, thansk for your answer
Indeed, carbon pricing was pusehd through BBB, not through EICDA.
From this blog post you linked me:
The following week CCL launched a Senate calling campaign for one more push to include carbon pricing in the reconciliation bill. Days after the campaign launched, Sen. Whitehouse told Bloomberg that, regarding the carbon tax, “We have 49 out of 50 votes” from Democrats in the Senate, and that if the Senate passes it, “the House has assured us they will also pass it, and the White House has assured us the president will sign it into law.”
Hence my question in the 2nd paragraph of my precedent message. As CLC is gathering endorsements from the Republican side, wouldn't it be relevant to build a bipartisan momentum for carbon pricing?
Agreed. CCL has been focused on building bipartisan support for carbon pricing for 15 years. You'll finds loads of info and trainings on Community and here's a page on our public website.
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