Date/TimeWed., April 20, 2022 from 8:00 pm
Join UUs for Social Justice (UUSJ) for a carbon pricing briefing with Brett Cease, Ph.D., and Kesten Bozinovic of Citizens’ Climate Lobby. Register here.
Do you wonder about the carbon pricing strategy? It is somewhat technical, but advocates assert it addresses many concerns as an approach that uses market forces to change behavior. Come prepared with concerns, questions and to learn.
Citizens’ Climate Lobby, a key actor in this space, says:
- A strong, economy-wide price on carbon could reduce America’s carbon pollution by 50% by 2030, putting us on track to reach net-zero by 2050.
- Putting a price on carbon involves placing a fee on fossil fuels and carbon pollution. This fee is based on the metric tons of carbon dioxide (CO2) the fuel would generate, and it would be assessed at the earliest point of sale into the economy.
- A carbon tax becomes affordable for ordinary Americans when the money collected from fossil fuel companies is given as a “carbon cashback” payment to every American.
- Studies have shown that a steadily rising price, starting at $15/ton and rising by $10/ton per year, would cut fossil fuel pollution by 30% in the first 5 years alone. This will put America on a path to hit the targets set by the Paris accords and reach net zero by 2050.
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