Carbon Pricing - Revision history

Rjcord: /* Other Carbon Pricing Solutions */

2020-06-06T01:15:31Z

2020-06-05T21:57:31Z

2020-06-05T02:47:28Z

2020-06-02T16:42:02Z

2020-06-02T16:41:20Z

Carbon Pricing Legislation Comparisons

2020-06-02T16:34:38Z

Cap and Trade Model

2020-06-02T16:27:58Z

Cap and Trade Model

2020-06-01T16:55:50Z

Fee and Dividend Model

2020-06-01T16:54:29Z

Fee and Dividend Model

2020-06-01T16:52:28Z

Fee and Dividend Model

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 :[https://www.thestar.com/opinion/star-columnists/2019/12/02/why-a-carbon-tax-wont-solve-climate-change.html "Why a carbon tax won’t solve climate change"] - The Star - Thomas Walkom - Dec. 2, 2019
-= Other Carbon Pricing Solutions =
+= Other Carbon Pricing Proposals =
-[[Growing Climate Solutions Act]]
+* [[Growing Climate Solutions Act]] addresses carbon markets that farmers might participate in.

← Older revision		Revision as of 21:57, 5 June 2020
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	:[https://www.thestar.com/opinion/star-columnists/2019/12/02/why-a-carbon-tax-wont-solve-climate-change.html "Why a carbon tax won’t solve climate change"] - The Star - Thomas Walkom - Dec. 2, 2019		:[https://www.thestar.com/opinion/star-columnists/2019/12/02/why-a-carbon-tax-wont-solve-climate-change.html "Why a carbon tax won’t solve climate change"] - The Star - Thomas Walkom - Dec. 2, 2019
		+
		+	= Other Carbon Pricing Solutions =
		+	[[Growing Climate Solutions Act]]

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-[[Category:Solutions]]
+[[Category:Solutions]] [[Category:Legislation]]
 = Fee and Dividend Model =
 Citizen Climate Lobby explains the [https://citizensclimatelobby.org/basics-carbon-fee-dividend/ Basics].

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 * [[Media:HIS NM.pdf|Financial Impact on Households of Carbon Fee and Dividend Local Impacts in New Mexico]]
 * [[Media:household-impact-study-summary.pdf|Financial Impact on Households of Carbon Fee and Dividend (US) ]]
 =Carbon Pricing Legislation Comparisons=
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 Some of these tax the consumption of fossil fuels, e.g. gasoline at the pump, some tax the production of fossil fuels at the mine or wellhead. Revenues can be returned to the consumers on a needs basis, or used to fund other social needs. The various formulas/schemas have not yet been determined (as of mid 2020).
 = Problems with Carbon Pricing =

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 =Carbon Pricing Legislation Comparisons=
-Several different bills to put a price on carbon and reduce greenhouse gas emissions were introduced in the 116th Congress. The '''Friends Committee on National Legislation''' developed a detailed, side-by-side comparison of bills under consideration in the House and Senate.
+Several different bills to put a price on carbon and reduce greenhouse gas emissions were introduced in the 116th Congress. The '''Friends Committee on National Legislation''' developed a detailed, side-by-side comparison of bills under consideration in the House and Senate. Most if not all follow the Fee and Dividend model.
 :[https://www.fcnl.org/updates/carbon-pricing-legislation-comparisons-2237 "Carbon Pricing Legislation Comparisons"] - FCNL - August 20, 2019
 = Cap and Trade Model =

← Older revision		Revision as of 16:34, 2 June 2020
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	= Cap and Trade Model =		= Cap and Trade Model =
		+	The Cap and Trade model is designed to reduce CO<sub>2</sub> emissions overtime. Industries by regulation are allowed to emit up to a certain amount of CO<sub>2</sub> in the form of allowances. Violators are fined. Industries that drawdown their emissions faster can sell or trade their allowances to other 'less fortunate'. Over time caps are reduced.
		+
	The [https://www.edf.org/ Environmental Defense Fund] provides some basic information:		The [https://www.edf.org/ Environmental Defense Fund] provides some basic information:

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 According to the Citizen’s Climate Lobby (CCL) commissioned report on “The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax” by REMI and Synapse, a Fee & Dividend (F&D) policy based on $10/ton carbon* reduces US emissions to 69% of 1990 levels by 2025, and to 50% by 2035. Additional significant benefits include lives saved and GDP improvements. cumulatively 227,000 American lives would be saved in 20 years under F&D, and over the 20 years considered, GDP is [cumulatively] $1.375 trillion higher than without F&D. See:
-:[https://11bup83sxdss1xze1i3lpol4-wpengine.netdna-ssl.com/wp-content/uploads/2014/09/REMI-National-SUMMARY.pdf "Summary of “The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax” By REMI and Synapse"])
+:[https://11bup83sxdss1xze1i3lpol4-wpengine.netdna-ssl.com/wp-content/uploads/2014/09/REMI-National-SUMMARY.pdf "Summary of “The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax” By REMI and Synapse"] - CCL - Danny Richter - August 1, 2014
 (* I assume this is per [short] ton [2000 lb] of elemental carbon and not [metric] tonnes [2204.6 lb] of CO<sub>2 </sub>as is often cited.)

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 * Regional REMI Summary for the Mountain (MNT) Region (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Wyoming), ([https://11bup83sxdss1xze1i3lpol4-wpengine.netdna-ssl.com/wp-content/uploads/2014/08/MNT-Regional-Summary.pdf MNT-Regional-Summary.pdf])
-The study includes the impact of fees and dividends on households, see
+The study includes the impact of fees and dividends on households, see these pdf documents:
 * [[Media:HIS NM 3.pdf|Financial Impact on Households of Carbon Fee and Dividend Local Impacts in New Mexico - District 3]]