If the Congressional Budget Office is half wrong, what is the correct response to climate change in the United States?

If the Congressional Budget Office is half wrong, what is the correct response to climate change in the United States?

Posted on 1 CommentPosted in Chairman’s Blog

The US must both decarbonise (at less than $25/tonne CO2) and re-join the Paris Accord if the US economy is to survive this century.   In our last blog we explained why the CBO is half right – the impact of climate change on the US economy in the coming decades may be relatively small. […]

If the Congressional Budget Office is half wrong, what is the correct response to climate change in the United States? was last modified: January 5th, 2019 by Bruce Menzies
Climate loss projections expressed as carbon prices for 2017 for five South American countries and China using PAL’s Universal Carbon Price (PAL-UP). If adopted globally, PAL-UP would be over 90% revenue efficient.

The price of carbon is y = Lx / C

Posted on 2 CommentsPosted in Chairman’s Blog

Using this simple equation, Dollar-based climate losses for Mexico, Brazil, Chile, Colombia and Peru are compared with those for China and the US in Dollars per tonne CO2 – not just tonnes CO2   Financial metrics applied to economic scenarios are invaluable for assessing the risks associated with climate change at global, national and city […]

The price of carbon is y = Lx / C was last modified: January 4th, 2019 by Bruce Menzies

A Universal Carbon Tax to fund climate change mitigation

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Manmade climate change is a global problem that requires a global solution. Proposed here is a fair and sustainable Universal Carbon Tax whereby all countries pay a carbon tax that dynamically factors in: Historic, current and future carbon emissions The differences between developing and developed economies A scientifically defendable carbon price, based on loss and […]

A Universal Carbon Tax to fund climate change mitigation was last modified: January 4th, 2019 by Bruce Menzies