LASER TALK: AJR43 – California Legislators Support Carbon Fee and Dividend

AJR43: California Legislators Support Carbon Fee and Dividend

In the summer of 2016, legislators in California, passed AJR 43, a joint resolution urging the federal government to enact a revenue neutral tax on carbon-based fossil fuels and return revenue from the tax back to middle- and low-income households. California is the sixth largest economy in the world and is the state that is currently has signed a carbon cap and trade with offsets with Quebec and Ontario. The REMI study commissioned by CCL USA predicts that, after 10 years, a revenue-neutral carbon tax would lead to a decrease in carbon dioxide emissions of 33 percent, an increase in national employment of 2.1 million jobs, and an average monthly dividend for a family of four of $288.

Read more

https://leginfo.legislature.ca.gov/faces/billTextClient.xhtml?bill_id=201520160AJR43
https://thinkprogress.org/california-legislators-carbon-fee-and-dividend-88735da0a8f2#.t9ratf6i7
http://citizensclimatelobby.org/california-congress-tax-carbon-give-revenue-households/

 

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