CCL’s core focus is to lobby the U.S. Congress to establish a steadily-rising fee on greenhouse gas emissions at their source (e.g. well head, port, or mine) and return the fee as an equal monthly dividend to American households. The fee will stimulate energy innovation and efficiencies. The dividend will protect U.S. households from rising energy costs, while a border adjustment will protect U.S. businesses.
In just 20 years, such a policy could reduce carbon emissions to 50% of 1990 levels and create 2.1 million jobs.
This two-minute video demonstrates the Carbon Fee and Dividend concept.
What the Economists are Saying
The Carbon Fee and Dividend policy is now before the U.S. House of Representatives as the bipartisan Energy Innovation and Carbon Dividend Act, H.R. 763. https://citizensclimatelobby.org/energy-innovation-and-carbon-dividend-act/
“Global climate change is a serious problem calling for immediate national action. . . A carbon tax offers the most cost-effective lever to reduce carbon emissions at the scale and speed that is necessary.” (From statement supporting Carbon Fee and Dividend signed by 3,558 U.S. economists, including all the former Federal Reserve chairs) https://clcouncil.org/economists-statement/
