Published on September 19, 2014
Presentation Agenda Project Context Project Method Results Results Discussion Conclusions Q&A 2
Project Context C&T? C&T Tax? 2 research questions: What might happen if Oregon chooses a tax? What might happen if Oregon chooses cap and trade? 2 concerns: • Isolation from surrounding C&T states • Alignment with state goals 3
Project Context In addition, Oregon legislators care about: • Jobs • Economy • Social Justice 4
Project Context 5
Project Method 6
Results 7 EU RGGI BC AU CA OR WA Strong personal leadership X X X X X Clear threats from climate change X X X X X X X Commitment to climate action (goals) X X X X X X Support for action from outside government X X X X X X
Results Discussion BC Tax: RGGI: ? Emissions allowances Jobs and economic growth! 10
Conclusions Carbon pricing can work in Oregon We don’t have to choose between cap and trade or a tax- we can have both DESIGN is critical! Best Practices: • Manage revenue responsibly and link revenue to GHG reduction • Consider complimentary policies • Plan for politics! • Start simple and increase complexity over time • Prioritize transparency and validity 11
Washington Update 12 Climate Executive and Legislative Workgroup (CLEW) split down party lines in 2013 Gov. Inslee issued an executive order on climate in April 2014 New Carbon Emissions Reduction Taskforce (CERT) is charged with recommending a policy design to the legislature; cap and trade, carbon taxation, and hybrid approaches are all under consideration
Thank You! Questions? 14
Event: Carbon Pricing Options for Oregon Join us to learn what carbon pricing would mean for Oregon.
Global Climate Change threatens the food, water, and economy of our community, but what can we do to help solve the problem? Many economists agree that ...
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Will Oregon Cook Up a Carbon ... NERC has already conducted a preliminary report on carbon pricing in Oregon. ... The two options are far more similar than ...