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Carbon Washington’s revenue-neutral carbon tax Yoram Bauman PhD www.CarbonWA.org.

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Presentation on theme: "Carbon Washington’s revenue-neutral carbon tax Yoram Bauman PhD www.CarbonWA.org."— Presentation transcript:

1 Carbon Washington’s revenue-neutral carbon tax Yoram Bauman PhD

2 Carbon concentrations going up Source: :

3 Arrhenius (Swedish chemist), 1896

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9 The way to get less pollution is to make polluting expensive.

10 Source: BC Budgets

11 Canada B.C. Source: CANSIM ,

12 Source: CANSIM , B.C. Canada

13 CarbonWA as “relief pitcher” We are not opposing or in competition with the governor’s policy. Our ballot measure is the “relief pitcher” for the governor’s legislative route.

14 CarbonWA strategy File an Initiative to the Legislature in March, collect 315,000 signatures by Nov The Jan 2016 legislature has to either pass it or put it on the Nov 2016 ballot. We’ve raised ≈$100k in the last month and hired co-directors Duncan Clauson (operations) and Kyle Murphy (organizing).

15 CarbonWA policy Carbon tax: ≈$1.7 billion Cut sales tax one full point: $1.3 billion Working Families Rebate: $200m Manufacturers’ tax cuts: $200m Tax cuts: ≈$1.7 billion Maintain revenue neutrality by slowly raising carbon tax rate $25/ton CO2

16 carbon.cs.washington.edu

17 Bipartisan effort We have letters of support from economists around the state and are building support from across the political spectrum. Seattle Times, Dec 21: “A revenue-neutral approach... would be both less financially risky and more politically viable...” Seattle Business magazine endorsement.

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19 Carbon taxes v. cap-and-trade BC carbon tax Fossil CO 2 $30 for each ton Revenue neutral CA cap-and-trade

20 Carbon taxes are better than you think There’s this high-school mentality that says that carbon taxes might win most studious......but not most popular......or even most likely to succeed (because you supposedly need a carbon tax of $50 or $100 to change behavior).

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25 carbon.cs.washington.edu

26 Let’s take a swing at the ball! Yoram Bauman PhD

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