Research commissioned by a coalition of leading energy companies and major corporations has found that taxing carbon could reduce emissions by 57 percent by 2035 compared with 2005, when the United States hit its peak of just below 6,000 million tonnes of carbon dioxide. The Climate Leadership Council, which includes the largest energy companies in the United...
WASHINGTON, DC – The Climate Leadership Council released a new report outlining why a carbon price is an essential tool to reach net-zero emissions by midcentury. The report shows that a carbon fee by itself will halve U.S. CO2 emissions and dramatically curb some of the most common air pollutants by 2035. If combined with other commonly-discussed mitigation tools...
In their new budget plan, Senate Democrats call for a tax on imports from high-emitting countries, but they lack a carbon price at home. According to economists on the right and the left, taxing carbon domestically is the best weapon against climate change. Accounting for the price of pollution would incentivize the prompt development of affordable technologies...
The world needs to reduce carbon levels, and one way is through a carbon tax, a strategy the U.S. has been debating for decades. … In a plan put together by the Climate Leadership Council, a climate advocacy group co-founded by former Secretary of State James Baker, who served in the Bush and Reagan administrations, the idea isn’t to fund government efforts to fight...
Nayib Bukele, the president of El Salvador, is taking his public persona of a millennial disruptor to new heights and to a place where no one can predict the consequences. The Central American country is going to be the first in the world to adopt bitcoin as an official currency, a decision that has been announced in English and fast-tracked by a parliament that is...
Across continents and political aisles border carbon adjustments (BCAs) have been gaining increasing attention and interest among policymakers. This is encouraging. Setting the global economy on a trajectory to meet any of our global emission reduction targets will require more market signals rewarding lower emitting production and disincentivizing higher emitting...