A Carbon Dividend: What does it (and doesn't it) do?

from Sunrise Movement LA · host Sunrise Movement L.A.

Carbon Dividends (also known as Carbon Fee & Dividend) are a rising tax on burning fossil fuels that is divided evenly and returned to every American as a monthly check. Many economists insist it's a key route to winding down emissions, especially in energy production. But the support of the fossil fuel industry raises the question: what's in it for them?  We spoke to Peter Marsters of the Columbia Center on Global Energy Policy to hear the case in favor. Then we spoke to Food & Water Watch's Jim Walsh on what sort of alternatives oil and gas companies are hoping to undercut with a carbon dividend. Finally, Dr. Astrid Williams of Black Women for Wellness offers questions marginalized communities and their allies should ask when assessing legislation promising big economic changes.  Links to media referenced in the episode: Peter Marsters segment: A near-term to net zero alternative to the social cost of carbon for setting carbon prices [Nature Climate Change] www.nature.com/articles/s41558-020-0880-3 What You Need to Know About a Federal Carbon Tax in the United State [Columbia] www.energypolicy.columbia.edu/what-you-need-know-about-federal-carbon-tax-united-states Congressional Testimony of Noah Kaufman https://energypolicy.columbia.edu/sites/default/files/file-uploads/Kaufman-Testimony_CGEP_Commentary_120319-2.pdf An Assessment of the Energy Innovation and Carbon Dividend Act [Colombia] www.energypolicy.columbia.edu/research/report/assessment-energy-innovation-and-carbon-dividend-act Columbia Energy Exchange podcast www.energypolicy.columbia.edu/podcast/columbia-energy-exchange Jim Walsh segment: The Oil Industry’s Carbon Tax Dream is a Climate Nightmare [F&WW] www.foodandwaterwatch.org/news/oil-industrys-carbon-tax-dream-climate-nightmare Carbon Pricing: 5 Reasons It Won’t Work [F&WW] www.foodandwaterwatch.org/news/carbon-pricing-5-reasons-it-wont-work Citizen’s Climate Lobby’s REMI Report  https://www.facebook.com/FoodWaterWatchCalifornia/ twitter.com/jimrwalsh Astrid Williams segment: Black Women for Wellness www.bwwla.org instagram.com/bw4wla twitter.com/BW4WLA STAND-LA Virtual Toxic Tour https://storymaps.arcgis.com/stories/1fbc4e863df841dd879cf63ceacc9dc7 Sisters@Eight:Whats The Deal on The Green New Deal www.facebook.com/BlackWomenForWellness/videos/sisterseightwhats-the-deal-on-the-green-new-deal/327260125486578/

What this episode covers

Carbon Dividends (also known as Carbon Fee & Dividend) are a rising tax on burning fossil fuels that is divided evenly and returned to every American as a monthly check. Many economists insist it's a key route to winding down emissions, especially in energy production. But the support of the fossil fuel industry raises the question: what's in it for them? We spoke to Peter Marsters of the Columbia Center on Global Energy Policy to hear the case in favor. Then we spoke to Food & Water Watch's Jim Walsh on what sort of alternatives oil and gas companies are hoping to undercut with a carbon dividend. Finally, Dr. Astrid Williams of Black Women for Wellness offers questions marginalized communities and their allies should ask when assessing legislation promising big economic changes. Links to media referenced in the episode: Peter Marsters segment: A near-term to net zero alternative to the social cost of carbon for setting carbon prices [Nature Climate Change] www.nature.com/articles/s41558-020-0880-3 What You Need to Know About a Federal Carbon Tax in the United State [Columbia] www.energypolicy.columbia.edu/what-you-need-know-about-federal-carbon-tax-united-states Congressional Testimony of Noah Kaufman https://energypolicy.columbia.edu/sites/default/files/file-uploads/Kaufman-Testimony_CGEP_Commentary_120319-2.pdf An Assessment of the Energy Innovation and Carbon Dividend Act [Colombia] www.energypolicy.columbia.edu/research/report/assessment-energy-innovation-and-carbon-dividend-act Columbia Energy Exchange podcast www.energypolicy.columbia.edu/podcast/columbia-energy-exchange Jim Walsh segment: The Oil Industry’s Carbon Tax Dream is a Climate Nightmare [F&WW] www.foodandwaterwatch.org/news/oil-industrys-carbon-tax-dream-climate-nightmare Carbon Pricing: 5 Reasons It Won’t Work [F&WW] www.foodandwaterwatch.org/news/carbon-pricing-5-reasons-it-wont-work Citizen’s Climate Lobby’s REMI Report https://www.facebook.com/FoodWaterWatchCalifornia/ twitter.com/jimrwalsh Astrid Williams segment: Black Women for Wellness www.bwwla.org instagram.com/bw4wla twitter.com/BW4WLA STAND-LA Virtual Toxic Tour https://storymaps.arcgis.com/stories/1fbc4e863df841dd879cf63ceacc9dc7 Sisters@Eight:Whats The Deal on The Green New Deal www.facebook.com/BlackWomenForWellness/videos/sisterseightwhats-the-deal-on-the-green-new-deal/327260125486578/