Episode 05 Show Notes
Beyond Carbon: Part 1: The Energy Innovation & Carbon Dividend Act.
Featuring: Flannery Winchester: Citizens Climate Action Lobby
PLEASE NOTE: WHILE THE GENESIS OF THE IDEA FOR A CARBON FEE AND DIVIDEND WAS INDEED THE WORK OF GEORGE SCHULTZ AND JAMES BAKER THEIR ORIGINAL PROPOSAL HAS BEEN ECLIPSED BY THE ENERGY INNOVATION AND CARBON DIVIDEND ACT, HR 763, WHICH HAS A BROADER APPEAL ACROSS THE POLITICAL SPECTRUM. ADVOCATES OF HR 763 ARE QUICK TO POINT OUT THAT THERE ARE SIGNIFICANT DIFFERENCES BETWEEN THE IDEA AS IT WAS ORIGINALLY CONCEIVED AND AS IT IS ENVISIONED IN HR 763 CURRENTLY BEFORE THE CONGRESS. THE CONFLATING OF THE TWO PROPOSALS IN THIS PODCAST WAS INADVERTENT BUT INCORRECT. THIS IN NO WAY DIMINISHES THE POWER OF EITHER THE IDEA OR THE CURRENT BILL.
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What do Steven Chu, Bradley Whitford, George Schultz, James Baker, Don Cheadle, William Boicourt and Fortune Magazine have in common? Support for an idea for reducing CO2 output by more than even the Paris Accords goals in two decades that essentially holds most middle class, working class and poor families harmless (70% of the population)to slightly higher costs on carbon-based products.
|Flannery Winchester - Citizens Climate Action Lobby, Communications Coordinator|
Forget the band-aids! The most comprehensive bi-partisan measure ever proposed in the United States Congress is also the one attracting broad bi-partisan support (it also takes a big step toward dealing with income/wealth disparity!). The Energy Innovation & Carbon Dividend Act (Very similar to the Baker Schultz Carbon Dividend plan first proposed by American statesman George Schultz and and James Baker) HR 763 is gathering steam and support from across the political spectrum. A fascinating market-based solution that even carbon-based energy companies are starting to get behind. Real change may be on the horizon. Bucky Fuller would have loved this one!
Ep 05 Carbon Dividend Flannery Winchester CCL 2 by The Radical Centrist
The Energy Innovation & Carbon Dividend Act
Welcome to Episode 5 of the Radical Centrist.
There are literally hundreds of major issues that our country and our world faces today.
Some of these problems are what I'd call process issues finding ways to make our democracy work for every citizen and the economy serve everyone and not just those at the top of the food chain.
change and income disparity are among those. we don't take dramatic action on Climate change in two decades we will reap the whirlwind, literally and figuratively. reverse the dramatic and growing income disparity among Americans our political system is going to continue to melt down. For 50 years the gap between the top 10% of citizens and the remaining 90%, comprising the middle class, working class and the poor has grown. More and more Americans have fallen through the cracks.
growing as it should be in a vibrant democracy. personally, is not the cause of this. He is the symptom. A symptom of the fear and anxiety that so many Americans feel today about their future.
elsewhere, they do of course, but as the old saying goes "Physician heal thyself" . . . We need to address our own income disparity issues and allow other countries to find their own way based on their own political and economic systems.
The longer we wait to take serious steps the more painful the process will be. But let's not
delude ourselves. The imperative to heal the planet is not really to protect mother earth - she will be just fine in the end. Until the day that our sun explodes and engulfs the planets within the solar system, Mother Earth will carry on. The only real question seems to be will she carry on with us or
Our imperative is to find a way that we can be resilient with her. To protect ourselves and every living species on the planet today - all of us endangered by the recklessness of one single species Homo Sapiens.
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|Dance of a Woodland Elder|
- Carbon Fee
This policy puts a fee on fossil fuels like coal, oil, and gas. It starts low, and grows over time. It will drive down carbon pollution because energy companies, industries, and consumers will move toward cleaner, cheaper options.
- Carbon Dividend
The money collected from the carbon fee is allocated in equal shares every month to the American people to spend as they see fit. Program costs are paid from the fees collected. The government does not keep any of the money from the carbon fee.
- Border Carbon Adjustment
To protect U.S. manufacturers and jobs, imported goods will be assessed a border carbon adjustment, and goods exported from the United States will receive a refund under this policy.
- Regulatory Adjustment
This policy preserves effective current regulations, like auto mileage standards, but pauses the EPA authority to regulate the CO2 and equivalent emissions covered by the fee, for the first 10 years after the policy is enacted. If emission targets are not being met after 10 years, Congress gives clear direction to the EPA to regulate those emissions to meet those targets. The pause does not impact EPA regulations related to water quality, air quality, health or other issues. This policy’s price on pollution will lower carbon emissions far more than existing and pending EPA regulations.
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