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External Publications by Noah Kaufman • December 05, 2018
In November 2018, three Republicans and three Democrats in the House of Representatives led by Rep. Ted Deutch, D-Fla., proposed the Energy Innovation and Carbon Dividend Act, the first bipartisan carbon pricing proposal in Congress in nearly a decade. The proposed legislation would establish a national carbon tax, which would achieve reductions in greenhouse gas emissions at a lower cost than approaches that focus on specific sectors, regions or technologies. Proceeds from the carbon tax would be returned to Americans in the form of monthly rebate checks. Three other prominent federal carbon tax proposals have been released or modified in 2018: (1) by congressional Democrats led by Sen. Sheldon Whitehouse of Rhode Island, (2) by congressional Republicans led by Rep. Carlos Curbelo of Florida and (3) by the Climate Leadership Council, authored by former Secretary of State James A. Baker III, with former Secretary of State George P. Shultz. This paper describes how the Deutch proposal resembles and differs from the other prominent carbon tax proposals of 2018.
World leaders are meeting in New York this month at the request of the United Nations Secretary-General António Guterres to discuss the state of global ambition on climate change.
A key component of the Paris Agreement is Article 6, which introduces a framework to facilitate voluntary cooperation between―primarily using carbon credit trading―to help achieve their nationally determined contributions (NDCs) more cost-effectively.
The Climate Finance (CliF) Vulnerability Index is designed to provide a comprehensive understanding of climate vulnerability for nation states in order to improve the targeting and provision of climate change adaptation financing.
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External Publications by Noah Kaufman • December 05, 2018