Carbon Tax

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A carbon price can reduce emissions AND benefit the poor

The world is vastly underestimating the benefits of acting on climate change. Recent research from the Global Commission on the Economy and Climate finds that bold climate action could deliver at least $26 trillion in economic benefits through 2030. This ground-breaking research, produced by the Global Commission and more than 200 experts, highlights proof points of the […]

January 14th

With the right guiding principles, carbon taxes can work

Like most economists, I favor taxing carbon dioxide to cut carbon pollution. A carbon tax makes fossil fuels like oil and coal more expensive. That, in turn, leads consumers and industries to use less of them. At the same time, it boosts demand for alternative energy sources like wind and solar powered electricity.   By Gilbert […]

January 13th

Shockwaves from French ‘yellow vest’ protests felt across Europe

Mostly peaceful demonstrations in Paris on Dec. 15 showed that recent concessions by President Emmanuel Macron have quieted – but not satisfied – the outraged French protesters whose weekend marches have gripped and unsettled the country. France’s “yellow jacket” movement began in November with local protests against a planned tax on fuel, mostly in poorer, rural […]

December 26th

Revenue-neutral carbon fee bill draws bi-partisan support in Congress

Five members of Congress have proposed new legislation that would create a revenue neutral fee structure for carbon emissions. What is unusual about the proposed bill is that it is sponsored by three Democrats and two Republicans. The Democrats are Ted Deutch and Charlie Crist of Florida and John Delaney of Maryland. The Republicans are Francis […]

December 19th

CCL: Yellow Vest protesters have it right on carbon taxes – give the money back to the people!

Public resistance to fossil fuel price hikes, like that seen recently in France, can be overcome by returning revenue to households, Citizens’ Climate Lobby said Wednesday at the U.N. climate change conference in Katowice, Poland. “People worry about worsening climate impact costs, but they are also genuinely concerned about the economic impact carbon pricing will have […]

December 12th

Trump lies (again) about French “Yellow Vest” protests being anti-climate (they’re anti-RICH)

Like much of the media, Donald Trump used the occasion of hundreds of arrests of “yellow jacket” protesters in France on Saturday to tweet that the month-long expressions of violence catalyzed by an increased fuel tax prove that people aren’t interested in environmental protection, particularly policies to address climate change. He and the shallow media reports have it wrong. By […]

December 11th

How does the new carbon pricing bill, the Energy Innovation and Carbon Dividend Act, stack up?

Upon the introduction of the Energy Innovation and Carbon Dividend Act, legislation authored by Representative Deutch and others (herein referred to simply as the Energy Innovation Act), Dr. Noah Kaufman of Columbia University’s Center for Global Energy Policy (CGEP) published an analysis comparing it to other carbon fee plans that have been proposed recently. By Jerry Hinkle […]

December 10th

Conservative media lying about French Yellow Vest groups (they’re NOT anti-climate change action)

If you’ve turned on Fox News, glanced at Breitbart, or read WSJ editorials or a Bret Stephens column lately, odds are you’ve heard of the “Yellow Vest” protests in France. In short, people who rely on gas are angry at a planned hike in already high gas prices as part of Macron’s broader agenda perceived as favoring the rich. Even though […]

December 10th

State cap-and-trade systems offer evidence that carbon pricing can work

The latest UN Intergovernmental Panel on Climate Change report argues that carbon pollution must be cut to zero by 2050 to avoid devastating levels of climate change. Achieving that goal will require swiftly transforming the energy, transportation, housing and food industries, and more. Although these tasks are daunting and the Trump administration is dismantling federal regulations […]

December 6th