Energy Innovation and Carbon Dividend Act in the News
“Enduring things happen in this country when there is broad bipartisan support. Climate change deserves that level of support. Most Americans understand that this is a very significant issue. They want us to work together to solve it in a big way and that’s what this bill does.”
“Backers argue the effort will deliver major benefits: 2.1 million net new jobs by the 10th year; 13,000 avoided pollution-related U.S. deaths annually and a 90 percent reduction in carbon emissions from 2015 levels by 2050.”
“A group of lawmakers on both sides see a politically palatable way to tax pollution: give the money collected from polluters back to every American in the form of a dividend.”
“[This bill] is the product of rigorous negotiations between Democrats and Republicans, liberal groups and conservative groups, environmentalists and business interests.”
“[This bill] merits careful consideration as a huge and decisive step toward a healthier planet. It’s time for all elected leaders to rise to the occasion and act. If leaders don’t lead, our children and our grandchildren will be far worse off.”
“If [Senator Cory] Gardner wants to remain at least a viable candidate, he — along with every member of the state’s congressional delegation — should get behind the Energy Innovation and Carbon Dividend Act. The bill, meant to reduce carbon pollution 40 percent in 10 years and 91 percent by 2050, was introduced this week by a bipartisan group of House members.”
“The act would establish a fee on carbon dioxide emissions that would be aimed at encouraging companies to reduce CO2 output over time. But the fee would not be gobbled up by the government; instead, it would be used to fund a monthly rebate paid out to American citizens, which would help most of them more than cover any increases in prices for petroleum products. A provision is in place for a carbon fee to be put on products imported from countries without their own reduction program in place, which will help protect American companies in the global marketplace.”
“The Energy Innovation and Carbon Dividend Act recently introduced in the U.S. House and backed by the Citizens’ Climate Lobby is a reasonable and measured step toward that protection. The plan seeks to make cleaner fuels more economically competitive by imposing fees on fossil fuels. Consumers would receive the dividends from fees to protect them from rising energy prices.”
“[Recent events] highlight the need for bipartisan leadership in dealing with climate change. Congress should fully consider the Energy Innovation and Carbon Dividend Act.”
“We need action. On the federal level, lawmakers should expedite action on the bipartisan Energy Innovation and Carbon Dividend Act introduced in the House.”
Center for Climate and Energy Solutions – C2ES
This is an ambitious, bipartisan proposal that will help kickstart an essential debate over America’s response to climate change – a debate made all the more urgent by the stark findings of the National Climate Assessment. We and many companies we work with believe strongly that a price on carbon is a critical element of any comprehensive effort to decarbonize the U.S. economy.
The bill represents a long-awaited breakthrough for bipartisan action on climate change.Responding to climate change must transcend partisan politics. This legislation is evidence of the growing support on both sides of the aisle for carbon pricing as an effective and efficient way to reduce greenhouse gas emissions. Business leaders across sectors have done the math and understand the economic imperative of climate action. An increasing number have raised a hand to say they are ‘still in’ on the Paris Agreement and have committed to reduce their own carbon footprint. Instituting a well-designed and meaningful price on carbon would provide the policy certainty needed to help leading companies meet their operational goals, among other things. And as a market-driven approach, a price on carbon such as the one included in this bill is the most efficient way to drive emissions reductions across the whole economy.
Conservation Hawks, a group of hunters and anglers working to defend America’s sporting heritage, recognizes the serious and potentially catastrophic threat we face from human-caused climate change. Because of the certitude of the science, Conservation Hawks supports every reasonable effort, including carbon fee & dividend legislation, to limit greenhouse gas emissions and protect our American way of life. Conservation Hawks considers human-caused climate change to be the number one threat to our hunting & fishing, as well as to our children and to a prosperous American future.
Conservatives for Responsible Stewardship (CRS)
Conservatives for Responsible Stewardship (CRS) applauds the Energy Innovation and Carbon Dividend Act of 2018. This commonsense legislation will address climate change and promote economic growth at the same time. It is the kind of smart bi-partisan problem solving that is long overdue and that Congress needs to do more of.
The Energy Innovation and Carbon Dividend Act adds to the growing chorus of support, on and off the Hill, for meaningful action to protect our country and the planet. This new legislation establishes strong pollution reduction goals and harnesses the power of the market, letting businesses choose for themselves how to cut pollution. The bill is also designed to drive investment and innovation in new, better, and faster ways to cut emissions. By acting quickly and boldly to limit carbon and other climate pollutants, we can reduce human vulnerability to increasingly dangerous climate impacts and safeguard the economy against escalating costs.
We support the Energy Innovation and Carbon Dividend Act and other carbon pricing proposals and will work with the Bill’s sponsors to ensure that pollution reductions are achieved while those of lower economic means are not adversely impacted. It’s time for bipartisan action to reduce carbon pollution. It’s time for America to assume once again its leadership in defending our children, and we are grateful for the courageous leadership of Representatives Deutch, Delaney, Rooney, Fitzpatrick and Crist.
The Energy Innovation and Carbon Dividend Act is an exciting advancement of Congressional efforts to price carbon emissions and reduce greenhouse gases. As the latest Intergovernmental Panel on Climate Change report makes clear, carbon pricing is one of many important policy tools that will be necessary to at long last address climate change. We believe it is critical to ensure that low-income communities are not harmed and will come out ahead in climate legislation. We are pleased that analysis of the carbon fee and dividend has found that the financial benefits of the dividend model are concentrated mainly among low-income and other vulnerable individuals.
Climate change is having real and dire impacts on communities across the nation. From unprecedented megafires in California to super-charged hurricanes in places like Florida, North Carolina and the Northern Mariana Islands, the signs are overwhelming that Congress needs to embrace bold and bipartisan solutions. A carbon fee is an economically-sound, market-based idea worthy of Congress’s bipartisan consideration and action. We look forward to working with Reps. Deutch, Rooney and Fitzpatrick in the next Congress on proactive conservation legislation to address climate change and carbon emissions going forward.
We’re pleased to see members of both parties working together on a bill designed to curb dangerous climate change, and we are particularly thankful for renewed Republican leadership on this topic. Climate protection wasn’t always the partisan issue it has become. And it should not remain so going forward. Climate change threatens all Americans and is already causing real harm today in all parts of the country, red and blue. Given the threats we all face from climate change, we need political leadership from both sides of the aisle. We hope this bill marks the start of that process.
It’s clear that we must address the substantial and growing threats posed by climate change. A bill like this, which makes a firm commitment to placing a price on pollution and reducing the emissions that threaten our communities, our health and our planet, is a necessary component of any effective plan to address climate change. We’re pleased to see a bipartisan group of members of the House Climate Solutions Caucus continue to press this issue on Capitol Hill. We need durable, bipartisan action on climate change.
This bill would put a price on climate change-causing carbon pollution, thereby reducing the incentive to burn fossil fuels, and refund the money that is earned to American taxpayers. Innovative ideas like this one are out there and they’re increasingly supported by both Republicans and Democrats, meaning that they could potentially pass into law and set us on the path to avoiding the worst of the impacts predicted in the NCA. We at Ocean Conservancy are so glad to see bipartisan innovation like this, and we are working to support more thoughtful proposals to find solutions for climate change and its impacts on the ocean.
We need members of Congress, especially Republicans, to tear up the old talking points.We’re all experiencing climate change. And there’s a new EcoRight ready to support free enterprise solutions. The old lines about ‘I’m not a scientist,’ and ‘we don’t know how much of it is human-caused’ need to go in the trash can. And the new artful dodge about how we ‘need innovation, not regulation’ needs to be followed up with ‘Yeah, and how do you get that innovation?’ There’s an answer in Milton Friedman’s solution to pollution.
Resources for the Future
An economy-wide carbon price provides a strong market incentive for cost-effective emissions reductions. Our research also shows that dividends more than offset the cost of the carbon price for most households.
The introduction of the Energy Innovation and Carbon Dividend Act provides a clear proof of concept that a conservative-inspired carbon dividends framework can attract bipartisan support. It is no coincidence that the first bipartisan climate bill in nearly a decade is based on carbon dividends. A carbon dividends plan that returns all revenues to the American people is uniquely capable of appealing to all sides of the climate debate.
This is the kind of smart, bi-partisan proposal on climate change that we urgently need. WRI looks forward to working with members of Congress to accelerate the shift to a strong, low-carbon economy. We need leaders from local communities to the federal government to rise to this urgent challenge.
Y.E.C.A. welcomes this crucial addition to the national climate solution conversation. We have always believed that the only way to achieve durable policy solutions is to have as many stakeholders at the table offering as many solutions as possible. This bill is one of the most significant contributions to date toward that end. It is bipartisan, creating the conditions for expansive debate and broad support.The release of the Energy Innovation and Carbon Dividend Act marks the possibility of a new day in America.