Campaign News

FOR IMMEDIATE RELEASE

 

CARBON WASHINGTON SUBMITS ADDITIONAL SIGNATURES TO SEND

CLIMATE CHANGE PROPOSAL TO LESIGLATURE

Initiative 732 proposes a revenue neutral approach to carbon reduction

 

SEATTLE, DEC. 29, 2015 – Carbon Washington, a grassroots group of scientists, economists, activists, business owners and citizens concerned about climate change, announced today it is submitting more than 100,000 additional voter signatures to the Washington Secretary of State’s Office in support of Initiative 732 (I-732) on Wednesday, December 30. I-732 is a bipartisan proposal that will take meaningful steps to reduce carbon emissions in Washington state without hurting economic growth. The signatures will bring the campaign’s total to more than 350,000 signatures, well above the Washington state requirement of 247,000 signatures to send an initiative to the legislature.

 

“Initiative 732 is the best chance Washington state has to support smart climate change reduction policies that will help deliver a healthy planet and a strong economy for us and for our children and grandchildren,” said Yoram Bauman, economist and founder of Carbon Washington. “Washington families have for too long paid the cost of misguided tax policies that encourage polluters to damage our environment. The approach outlined in I-732 encourages a switch to cleaner technologies like solar and wind energy, which we can produce in our local communities, by shifting the tax burden onto carbon pollution and away from taxes that are regressive and burdensome, like the sales tax. To help Washington state families and businesses, I-732 is revenue neutral, keeping economic activity and innovation humming across the state while reducing our carbon footprint. We heard loud and clear from voters that they are very concerned about climate change and that we have a moral responsibility to address it now. We look forward to discussing I-732 with members of the legislature, and we hope they will pass the measure during the upcoming legislative session.”

 

I-732 is designed to move the state toward two goals – cleaner energy and fairer taxes – with the following policy changes:

 

  • Tax pollution, not people – I-732 will add a $25 per ton tax to polluting fossil fuels
  • Pay less at the cash register – Reduce the state sales tax by one percentage point, putting hundreds of dollars a year back into the pockets of each household in Washington
  • Fund an Earned Income Tax Credit for working families – Fund the Working Families Tax Rebate to provide up to $1,500 a year for 400,000 low-income households
  • Reduce the Business & Occupation tax on manufacturing – Keep living-wage jobs in Washington by effectively eliminating the Business and Occupation Tax on manufacturing

 

A reduction in carbon pollution will also make for a healthier Washington. I-732 will reduce pollution from burning oil, coal and gas that leads to smog, sulfur, arsenic and mercury in the air we breathe, food we eat and water we drink. Reduction of these pollutants will decrease the rates of asthma and cancer in our communities, improving the health of Washington families. I-732 supports a healthier, cleaner and stronger Washington state.

“Our approach with I-732 is a policy that will make Washington state a national leader in carbon reduction policy while simultaneously encouraging strong economic growth,” said Bauman.

“Analysis by Regional Economic Models, Inc. (REMI) predicts a carbon tax swap will benefit Washington state’s economy to the tune of thousands of new jobs and hundreds of millions of dollars in new economic activity. And accompanying this increase in economic activity will be a drop in carbon dioxide emissions to well below 1990 levels. A similar policy implemented in British Colombia in 2008 shows that this approach works for the economy and for the environment.”

I-732 is supported by a bipartisan group of former elected officials, scientists, economists, business owners and concerned citizens. To learn more about the proposal, visit CarbonWA.org.

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About Carbon Washington

Carbon Washington is a bipartisan grassroots group of scientists, economists, former elected officials, business owners and concerned citizens focused on seeking a solution to climate change that works for businesses and households around the state. The groups developed Initiative 732 as a revenue neutral approach to tax carbon pollution while encouraging economic growth for families and businesses in Washington state. To learn more about I-732, view endorsements from around the state and get involved visit CarbonWa.org.

 

Media Contact

Chris Guizlo, The Fearey Group on behalf of Carbon Washington, cguizlo@feareygroup.com,

206-343-1543

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