Climate Change - We Support a Carbon Fee

We support a market-based, economy-wide program that directly places a price on carbon emissions and believe it will have the best prospect of achieving sensible environmental goals and maintaining economic growth. Imposing a price or fee on CO2 emissions that predictably, steadily and gradually escalates over time offers substantial practical advantages. A carbon fee will:

1. Support long-term capital deployment
2. Avoid immediate, significant distortions in the economy
3. Be more efficient and fair to administer than a cap and trade program
4. Support increased R&D funding to accelerate development of new CO2 abatement and control technologies
5. Provide transitional assistance to economically disadvantaged consumers
6. Preserve the competitive position of U.S.-based companies

With the assistance of The Brattle Group, an independent economic consultant, we have thoroughly analyzed these issues and have published a report on our conclusions. We encourage you to read our report: “U.S. Climate Policy: Pricing Carbon, Preserving the Environment, Protecting the Economy.” A more thorough discussion of the methods used in the analysis and the technical details of these issues can be found in an accompanying technical paper by The Brattle Group.

• Our Call to Action
• We Call for Fairness and Clarity
• The Brattle Group report on U.S. climate policy
• Download this document as pdf