Oregon Carbon Cap-and-Dividend by Oregon Climate
Please find below the
Proposal: Oregon Carbon Cap-and-Divident
Contest: U.S.Carbon Price
Thank you for your contest entry. We appreciate your willingness to share your ideas and also the time and effort you put into developing a proposal and submitting it to the contest.
We, the Judges, have strongly considered your proposal and found that it contained intriguing elements; however, we have chosen to not advance it to the next round of competition.
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Keep up the great work. We hope that by working together, we all can create solutions that wouldn’t otherwise be possible.
2015 Climate CoLab Judges
This proposal details a political process to achieve an illustrative, mostly conceptual policy: a carbon cap with auctioned allowances.
It is hard to evaluate the policy since the proposal does not include the cap, what it would apply to, or analysis of the cap approach - references are to a carbon tax analysis. Is the $30/ton consistent with emissions goals of the proposal? The proposal itself would benefit from being explained in more detail, including the initial price, price ramp, and on what the tax is levied (indeed, apparently there were three bills introduced in the legislature, but they are not described). Not clear if this is linked to section 111(d) compliance or not. It appears that this proposal would return two thirds of the revenue to Oregon taxpayers; how and how much is not explored in the submission. Nor is there talk about competitiveness with other nearby states that do not have a carbon tax.
We believe a state carbon tax is feasible and would help change the debate on federal policy. We congratulate Oregon Climate on its enthusiasm and activism, but it needs more substance.
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