A Quote by Dale Jamieson
We need to use economic instruments such as carbon taxes, cap and trade, tax and dividend and whatever else to help incentivize behavior that will move us to a post-carbon, post-animal agriculture world, and make our societies more resilient to the shocks that are already baked into the system. But that doesn't make climate change an "economic issue."
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I feel confident that leaders will rise to this challenge with a stronger commitment to tackle climate change and seize the economic opportunities that a post-carbon world has to offer.
We now know that climate action does not require economic sacrifice. This is fully in line with the World Bank Group's findings. It is up to all of us to make smart policy choices that will help combat climate change. For example, putting a price on carbon is a necessary step and could drive resources and investments to a cleaner economy.
If you have a carbon cap and trade system, there'd be an agreed-to limit the amount of carbon we emit. That changes the economic picture for fossil technologies and for the renewable technologies. It makes the renewable technologies more attractive and the fossils less attractive.
I'm not shy about stating my opinion on political issues, so I can state my opinion, which is, on this one, Premier Notley's right. Because cap and trade systems have not been shown to work. And if you want to price carbon, then I would listen to the CEO of Suncor, who suggests a clean, transparent carbon tax makes a bunch more sense than a cap and trade system that just creates jobs for traders. I - I kind of agree with that.
You should be attacking the carbon emissions, period, and whether it's cap-and-trade or carbon tax or whatever, that's the realm in which we should be playing.
Climate change might be disastrous, but does that mean we want carbon taxes that raise the price of a gallon of heating oil to $10? And how exactly will those taxes affect economic growth?
Many scientists and economists also say putting a price on carbon through carbon taxes and/or cap-and-trade is necessary.
Finding mechanisms for putting carbon back into landscapes enhances biodiversity. More biodiverse ecosystems store more carbon, more securely and are more resilient to the impacts of climate change.
The cap-and-trade plan is more market driven than anything else. If you want to discourage carbon use, you have to make it more expensive, but what is crucial is that this be a worldwide program that includes China and India.
We know taxes slow down economic growth, so if you add a carbon tax you have to also minus other taxes. You can't take more money out of people's pockets. I don't think you can build a consensus in this country about environmental policy if you're going to make people poor.
I think when it comes to climate change, the single most important thing in the world is for the United States' Congress to pass an effective bill that will put a price in carbon because if it starts costing something to emit carbon, this will provide an incentive, people do act on the basis to some extent of economic incentives to emit fewer greenhouse gases.
For me the two biggest issues are climate change and animal welfare/animal agriculture. And oddly enough animal agriculture is such a contributor to climate change. According to the United Nations, 25% of climate change comes from animal agriculture, so every car, bus, boat, truck, airplane combined has less CO2 and methane emissions than animal agriculture.
Eventually we'll use a CO2 tax offset by a reduction in taxes elsewhere alongside a cap-and-trade plan, but the degree of difficulty associated with a CO2 tax far exceeds that with a cap-and-trade plan. We're seeing it's hard to get a cap-and-trade plan and it's much easier to use as a basis for a global agreement than a CO2 tax.
Some solutions are relatively simple and would provide economic benefits: implementing measures to conserve energy, putting a price on carbon through taxes and cap-and-trade and shifting from fossil fuels to clean and renewable energy sources.
So the need for another economic model is urgent, and if the climate justice movement can show that responding to climate change is the best chance for a more just economic system.
We need a resilient, well-capitalized, well-regulated financial system that is strong enough to withstand even severe shocks and support economic growth by lending through the economic cycle.
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