by Marianne Lavelle (Inside Climate News) The contest is elevating climate policy conversations on the campaign trail and in Washington. It could inspire compromises that bring together pieces of each. ... On one side are the student activists of the Sunrise Movement and Congress's new young firebrands; on the other, more moderate groups, including grassroots advocates and some of the Republican Party's elder statesmen, supported both by established environmental groups and by major energy corporations.
The young activists want nothing short of a social and economic revolution. Their Green New Deal, while not yet fully formed, promises jobs and economic security as part of a drive to get greenhouse gas emissions to net zero. The moderates, hoping to win over Republicans in Congress, seek a market-based incentive in the form of a carbon tax plan. But key to energy industry support for their efforts is that any carbon pricing proposal also include protection from other regulations on emissions and immunity from climate lawsuits.
...
"We now are really at a point where there are robust and very forward-looking conversations happening," said Derek Walker, vice president for U.S. climate at the Environmental Defense Fund (EDF).
The group has spoken favorably about both the Green New Deal and carbon pricing, which the market-oriented EDF has long espoused.
...
Like the original New Deal of the 1930s, it would require many separate pieces of legislation. And it would be integrated with sweeping economic policy, including guaranteed jobs and health care for all Americans.
As a political strategy, the Green New Deal is about forcing politicians who have put climate change on the back burner to move it front and center in the political discussion—especially the 2020 presidential race.
...
Hard-line GOP opponents of climate policies have sought to caricature the Green New Deal as a socialist pipe dream.
...
Veterans of the fight for climate action say the all-hands-on-deck urgency, sweeping scale and net-zero-emissions goal of the Green New Deal is precisely in line with what science shows is necessary to stave off the worst effects of climate change.
...
"The door is not closed to cap and trade and carbon taxes, and all that stuff," he said. "The important thing is that carbon taxes are simply not enough. What is needed to avert the climate crisis is a massive restructuring and mobilization—an overhaul of our economy and society the likes of which has not been seen since World War II."
Carbon Tax Plans, With Some Key Differences
The carbon tax supporters envision far less federal involvement and a free-market approach to drive down emissions.
There are competing proposals. One approach is backed by the grassroots advocacy group Citizens' Climate Lobby (CCL); it has been introduced in the House by Rep. Ted Deutch (D-Fla.) and two Republican members of a bipartisan climate caucus that CCL helped to build.
The other approach was designed by Republican elder statesmen including former Secretaries of State James Baker and George Shultz; it is backed by a coalition of big corporations and environmentalists called the Climate Leadership Council, which is hoping to see Republican-sponsored legislation introduced in the Senate by summer.
Both would put an escalating tax on carbon-based fuels like gasoline and coal—costs that would be passed along to consumers at the gas pump and on their utility bills to encourage consumers and investors to choose cleaner energy. All the tax revenue collected would go back to American households in dividends, or monthly rebate checks. Both plans would include a border tax adjustment—an incentive for countries that trade with the United States to also act to cut carbon emissions.
But there are also differences.
...
The Climate Leadership Council's vision is that today's big energy companies will continue to be around; they shouldn't be drained fighting over damages, but they should be providing needed investment in the transition to clean energy.
It's a future, in other words, that seems at odds with the ideals of the Green New Deal activists, who Finnegan said will oppose legislation that offers a lifeline to the businesses responsible for carbon emissions. "We absolutely don't support anything that cements the existence of the fossil fuel industry," he said.
...
But some supporters of climate action believe that there's enough common ground between the carbon tax and Green New Deal advocates to serve as the foundation for a cohesive climate policy.
Even the language of the Green New Deal resolution—the goal of achieving "net zero" greenhouse gas emissions—allows for continued fossil fuel use, if emissions are offset or captured. Nuclear, hydropower and fossil fuel with carbon capture are all included in one detailed roadmap for a Green New Deal developed by the movement's supporters at the think tank Data for Progress.
The obvious nexus between the Green New Deal and a carbon tax plan is money. The Green New Deal will require a lot of it, and a per-ton tax on the 5.4 billion metric tons of carbon generated by the U.S. economy each year would generate a lot.
That's not been lost on some Green New Deal supporters.
...
On the other side, the industry-backed Americans for Carbon Dividends balks at the idea of using the revenue from its carbon tax proposal for anything but rebates returned to citizens. READ MORE
“Disappearing” Carbon Tax for Non-Renewable Fuels (Advanced Biofuels USA)
Republicans Who Couldn't Beat Climate Debate Now Seek to Join It (Bloomberg)
The Climate-Change Debate Has Shifted, Not Ended (Bloomberg)
Why ‘Green New Deal’ Has Washington in Such a Lather (Bloomberg)
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