This page created May 2020
If you are a UK policymaker, here are some fact-finding links to support research into:
- whether a climate income (carbon fee & dividend CF&D) is the correct mechanism for curbing a substantial amount of fossil fuel-generated greenhouse gas emissions (GHGs)
- how a UK CF&D carbon pricing instrument (CPI) can be shaped
To discuss this in more depth, in the first instance, please contact Louisa Davison.
- Pricing Carbon during the economic recovery from the COVID-19 pandemic (Grantham Institute (London School of Economics), May 2020)
- The Future of Carbon Pricing (Policy Exchange, July 2018)
- Distributional Impacts of a Carbon Price in the UK (Grantham Institute (London School of Economics), March 2020)
- Distributional Impacts of Carbon Pricing on Households (Carbon Pricing Leadership Coalition, UK is a member; briefing prepared by Climate Strategies)
– The CF&D instrument, methodology, coverage and fairness and how it would work with an ETS.
This briefing was prepared for the EU Inception Impact Assessment – Ares(2020)1350037, Carbon Border Adjustment mechanism, for the European Green Deal
How does it work in Canada?
British Columbia, Canada has had CF&D since 2008; it was then introduced to other Canadian provinces without a similarly effective carbon price (ie a backstop) in January 2019.
How does it work in Swizerland?
- Climate Dividend – the eponential way forward in emission pricing (White paper prepared by Cleantech21, Swizerland, March 2020)
- Swizerland has put a fee on heating oil/gas since 2008 with two thirds returned dividend and one third to a building renovation fund. Current price (2020) is USD100/tCO2
Progress in the US
- The Environmental, Economic and Health Impact of Carbon Fee and Dividend (Citizens’ Climate Lobby; report prepared by the Regional Economic Modeling, Inc, 2014)
- The Energy Innovation and Carbon Dividend Act
- The Senate and House of Representatives Climate Solutions caucuses