The Plan’s Environmental Ambition


Nothing would do more to accelerate innovation and invest all citizens in a clean energy future than an economy-wide carbon fee with corresponding dividends for the American people. The Climate Leadership Council’s proposed economy-wide carbon price would start at $43 per ton, the highest of any major economy. If put in place next year, it would cut U.S. carbon emissions in half by 2035 all on its own. When paired with other commonly discussed policies like efficiency standards and nature-based investments, it can cut carbon emissions by 50% or more by 2030.

Projected Emissions Impact of the Council’s
$43/Ton Carbon Fee

chat of CO2 emissions
Source: Estimates based on modeling using the Goulder-Hafstead E3 Model by Resources for the Future.

Criteria Air Pollutant Projections from Power, Transport
and Industry (% Change from 2019)

chart of Carbon Fees affect on pollutants

Source: Estimates based on modeling using NEMS by Kenneth Gillingham of Yale University.

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