Pass a Federal Carbon Tax
Join our growing coalition of businesses demanding a price on carbon.
A carbon price internalizes the cost of greenhouse gas emissions by assigning a monetary value to each ton of carbon emitted. When fossils fuel prices account for their real impact, renewable energy sources will better compete in the marketplace.
If implemented this year, a carbon price of $49 per ton* increasing annually at a rate of 2% plus inflation would:
- Reduce emissions: 39% emissions reduction from 2005 levels by 2030
- Generate new revenue: Over $2 trillion in revenue in the first ten years
- Slow climate change: Exceeds commitment under The Paris Climate Agreement
*Based on the Social Cost of Carbon