The Tide is Turning for Carbon Pricing

Momentum is building: New bills have been introduced, new endorsements made. Now is the time to add your voice as a business leader to the growing chorus of support for federal carbon fee and dividend legislation.

Exponential Momentum!

  • H.R. 763 now has 62 co-sponsors, more than any carbon pricing bill, ever! In July, Karen Bass (D-CA-37), Chair of the Congressional Black Caucus, and several other members of that caucus became co-sponsors of the bill.

  • In July, The U.S. Conference of Mayors urged Congress to Pass Carbon Pricing Legislation. Republican as well as Democratic mayors voted for this resolution.

  • Also in July, Four New Carbon Pricing Bills Were Introduced in Congress. Three of these bills were introduced by legislators who are also original sponsors of the Energy Innovation Act. These new bills bring important new ideas into the policy discussion, including using tax revenue to reduce payroll taxes, helping low-income households with energy costs, and funding low-carbon energy R&D. This will inspire a richer national discussion on the best way to price carbon, and increase the likelihood of action by this Congress. Our summary of these bills is here. A comparison, including emission reductions, is here.

Time Magazine gave carbon taxes and Citizens’ Climate Lobby a great shout out in July.

Public Support for HR 763 as of September 16, 2019

57 municipal resolutions and municipal endorsements for the Energy Innovation Act.

130 municipal resolutions endorsing carbon fee & dividend policies (including Chicago, Dallas, etc.).

Over 1,000 statements of support and endorsements gathered in support of the Energy Innovation Act including prominent Business Groups, Non-Profit Organizations, Faith Groups, and Individuals.

TAKE ACTION: Three ways you can help

  1. Make an online endorsement of CCL’s bill: the Energy Innovation and Carbon Dividend Act, H.R.763.

  2. Email or call your Senators and Representative, tell them about your support for federal carbon pricing as a critical step in addressing the climate crisis.

  3. Write an article for a newspaper, magazine, or journal. As an example, here’s a 9/15/19 Forbes article from the CEO of SynBioBeta.

We are here to work with you to help you and your business move forward on advocacy. Write to us at info@businessclimateleaders.org.