What is the most effective way to adopt a national price on carbon? Carbon tax or carbon market? Regardless of the mechanism we need a price on carbon!
In 2016 there are 17 international markets for carbon trading that cover ~40% of global Gross Domestic Product and less than 16% of global emissions. Currently, in the US there are only 2 carbon markets, one on the east coast and one on the west coast. What is the most effective way to adopt a national price on carbon? Some groups, such as the Citizens' Climate Lobby promote a fee on the GHG. While others like internationally recognized climate expert Hunter Lovins advocate for a carbon market mechanism. Regardless of the preference for what mechanism, both sides agree we need a price on carbon. Utilizing carbon pricing to reduce emissions has germinated collaboration between Governors from many western states to adopt a western regional carbon market. The question still remains, what is the best carbon pricing mechanism to reduce CO2 emissions and what is the path forward for the United States?
About the speakers:
William Becker is the executive director of the Presidential Climate Action Project. He is an internationally known expert and lecturer in sustainable development, clean energy and climate change mitigation. Becker is currently an advisor to Governor Bill Ritter's work with the Center for the New Energy Economy at Colorado State University, working on a collaborative effort with the western states to adopt a price on carbon.
Hunter Lovins is the President and Founder of Natural Capitalism Solutions(NCS), a Colorado based non-profit that recently brought the Colorado Carbon Fund back to the state. She is an expert in carbon pricing and a renowned author. As a champion of sustainable development for over 35 years, Hunter has consulted on sustainable agriculture, energy, water, security, and climate policies for scores of governments, communities, and companies worldwide. Within the United States, she has consulted for the Presidential Cabinet, Department of Defense, EPA, Department of Energy and numerous state, local, and international agencies.
Mark Reynolds is the Executive Director of the Citizens Climate Lobby (CCL). In this role he empowers citizens to educate influential stakeholders about the benefits of national climate solutions. Through this work he has grown CCL to over 35,000 registered supporters and is leading the charge for a national carbon tax. Reynolds is a nationally recognized expert on helping disparate interests find common grounds on energy, public policy and the environment.
Moderated by Congresswoman Diana DeGette. Chief Deputy Whip Diana DeGette is serving her tenth term in Congress as Representative for the First District of Colorado. DeGette is a member of the powerful Committee on Energy and Commerce, an exclusive congressional committee with vast jurisdiction over health care, trade, business, technology, food safety, and consumer protection.
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