Carbon Pricing

The United States has yet to put an economy-wide price on carbon emissions, but momentum is building in the states to do just that. State legislators are working towards tackling the challenges of climate change by setting a price on carbon. These leaders are collaborating across state and party lines on mechanisms to not only reduce greenhouse gas emissions, but to improve public health, create jobs, and grow the economy in the process.

 

In the News

Bill Updates

State Information Carbon Pricing policies are currently under consideration in several states

Connecticut

Connecticut

Maryland

Maryland

Massachusetts

Massachusetts

New Hampshire

New Hampshire

New Mexico

New Mexico

New York

New York

Oregon

Oregon

Rhode Island

Rhode Island

Vermont

Vermont

Washington

Washington

The Carbon Costs Coalition

State legislators from nine states who are dedicated to carbon pricing legislation have decided to come together formally as the Carbon Costs Coalition. This multi-state coalition is focused on reducing carbon emissions through putting a price on carbon. They are united through a common set of principles and hope that more legislators from other states will join the coalition. 

Perspectives

  • “We could right the dysfunctional market and address climate change in a profound way. Now that would be good for business.”

    Robert Politzer
    President and CEO
    Greenstreet Inc.
  • “Carbon pricing makes sense, it is a simple mechanism that both businesses and consumers can understand.”

    Michael Green
    Executive Director
    Climate Action Business Association
  • “While some debate the cost of a carbon tax, we should recognize that not pricing carbon also has a substantial price tag. For businesses, it’s easier to cope with a known fee or tax than it is to prepare for a massively uncertain future.”

    Julie Gorte
    Senior Vice President of Sustainable Investing
    Pax World Management LLC
  • “Our manufacturing has been affected directly by climate change with hurricanes and the California drought. The good news is that an approach like the carbon tax will make a big difference in reducing carbon—and stimulate the economy."

    Kelly Vlahakis-Hanks
    CEO
    Earth Friendly Products
  • “We can harness the powers of the free markets while empowering individuals and businesses to reduce their carbon footprint.”

    Chip Comins
    Chairman & CEO
    American Renewable Energy Institute and Founder of AREDAY
  • “We think it’s such a good idea that we’ve even instituted our own tax of $10 USD for every metric ton of our greenhouse gas emissions, from farm to landfill.”

    Ben & Jerry
    Founders
    Ben & Jerry’s Ice Cream
  • "Businesses will benefit from putting a price on carbon as it will reduce the very real risks and economic disruptions associated with climate change."

    Richard Eidlin
    Vice President & Co-Founder
    American Sustainable Business Council

Webinars

ASBC webinar outlining the ‘Business Case for a Carbon Tax’

Watch the Webinar

ASBC webinar on Become a Leading Carbon Tax Advocate

View the Recording  Download the PDF

 

ASBC webinar on “The Conservative Case for a National Carbon Tax”

Download the PDF

 

Webinar: What Are States Doing On Carbon Pricing?

Watch the Webinar  Download the PDF

Facebook and Ben & Jerry’s: Corporate Strategies to Reduce Carbon Pollution

View the Recording  Download the PDF

 

Carbon Pricing 101 – How Would a Tax/Fee Really Work?

View the Recording  Download the PDF

 

Videos

Climate Action Business Association

Explains the basics of a price on carbon

The Business Case for a Carbon Tax

ASBC video with U.S. Senator Sheldon Whitehouse on ‘The Business Case for a Carbon Tax’

Online Resources

A REMI study concluded that a policy in Vermont would cut carbon emissions from heating and transportation by 31% while generating 2,400 new jobs, raising gross state domestic product by $100 million, and adding more than $150 million a year to real disposable personal income. Learn More

NCEL’s Carbon Pricing Fact Sheet outlines the different policy models and provides examples of current legislation Learn More

ASBC’s PRINCIPLES for Carbon Pricing Learn More

Resources for the Future comparison of six state carbon pricing proposals in 2016 Learn More

Carbon Tax Center recommended policy journals and papers on benefits of pricing carbon. Learn More

Carbon Tax Center brief on rational for and distributional impacts of a New York carbon tax. Learn More

Brookings Institution report on state policy options and opportunities for a carbon tax. Learn More

Massachusetts Department of Energy Resources analysis of a carbon fee or tax as a mechanisms to reduce GHG emissions Learn More

State-based Organizations

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This website is intended to be a resource for leaders contemplating implementing a price on carbon in their states. If you know of additional resources or information to be included, please contact the NCEL staff.

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