The R Street Institute — a non-profit, non-partisan, public policy research organization that promotes free markets and limited, effective government — calls a carbon tax a “bargain for conservatives.”
In a policy study written by Catrina Rorke, R Street’s director of energy policy, the institute says even a modest carbon tax will bring big results: “The price doesn’t have to be large. If the necessary steps are taken to remove government-imposed obstacles to innovation and wealth generation, a relatively modest price will reshape economic decision-making. A modest carbon price of about $20 per ton would reduce emissions 8 percent below business as usual . . .” (I-732 imposes a price of $15 a ton in the first year and $25 in the second, with annual adjustments.)
UW scientists “deeply concerned about the consequences of man-made climate change” call I-732 “a major step in the right direction.”
SEATTLE, October 10, 2016 – More than fifty climate scientists from the University of Washington signed an open letter advocating their support for Initiative 732 (www.yeson732.org), a revenue neutral carbon tax swap that will be on the ballot in Washington State this November. These scientists are world-leaders in the study of climate change and the profound impacts of rising levels of greenhouse gases, such as CO2, in the atmosphere.
“I-732 is the best framework for environmental protection that won’t break the bank”
SEATTLE, August 19, 2016 – Senator Joe Fain (R) joins an expanding group of Republican legislators endorsing Initiative 732, the country’s first revenue-neutral carbon tax initiative. Economists across the political spectrum agree that the most important thing that we can do to take action on climate is to put a price on carbon. I-732’s revenue-neutral approach to carbon pricing, which encourages clean energy solutions by shifting the tax burden onto carbon pollution and away from regressive and burdensome taxes that hurt families and businesses, has proven to be an attractive model for legislators and concerned citizens with a variety of political views. Sen. Fain’s support builds on recent endorsements from Sen. Mark Miloscia (R), Sen. Steve Litzow (R), former State Senator Bill Finkbeiner (R), former Secretary of State George Shultz (R), and legislators on both sides of the aisle.
Republican Senator Steve Litzow Endorses Initiative 732
Recognizing the urgent need for effective and fiscally responsible climate policy, Sen. Litzow (R) urges Washington voters to say Yes on I-732 in November
SEATTLE, June 17, 2016 – Republican Senator Steve Litzow, a long-time resident of Mercer Island serving the 41st District since 2010, today announced his endorsement of Initiative 732, demonstrating growing bipartisan support for the policy. Sen. Litzow joins former Republican Senate Majority Leader Bill Finkbeiner and a number of Democratic legislators who have already endorsed I-732, including Rep. Joe Fitzgibbon, chair of the House Environment Committee. They are part of growing community of leading climate scientists, business leaders, economists, public officials, and social and environmental leaders supporting I-732. A full list of endorsements can be found at http://yeson732.org/endorsements/.
SEATTLE, April 21, 2016 – Dr. James Hansen, the former NASA scientist who sounded the alarm on climate change nearly 30 years ago, and Dr. Richard Gammon, a former NOAA scientist who oversaw the worldwide measurement of carbon dioxide, have endorsed Initiative 732. They join a growing list of leading climate scientists, business leaders, economists, public officials, and social and environmental leaders supporting I-732.
“We must act now in the fight against climate change,” said Dr. Hansen. “I-732 is an effective starting point. Its reasonably transparent revenue neutrality makes it better than anything currently in place in the United States. Achievement of the proposed plan for reducing carbon emissions in Washington would push the discussion toward a national approach a long way in the right direction.”