America urgently needs a balanced energy policy that supports both strong economic growth and a healthy climate. Yet many observers fear that with Republicans in charge of both the White House and Congress, our country’s transition toward a low-carbon economy will stall.
Nonetheless, there is bipartisan interest in linking an economy-wide carbon tax to other goals Republicans strongly favor, namely tax and regulatory reform. This could create unexpected opportunities for bargaining and compromise should “normal” politics break out in 2017.
To explore the possibilities, please join PPI for a public forum Nov. 30 in Washington featuring Harvard economist Joseph Aldy, author of a new report, Long-Term Carbon Pricing: The Great Swap. The report proposes an economy-wide carbon tax as the most effective and efficient way to reduce U.S. greenhouse gas emissions, while also encouraging investment in clean fuels and technologies. It also explores the intriguing possibility of a “great swap”- a carbon tax and regulatory streamlining as part of the tax reform- that could create the basis for bipartisan negotiating and compromise to break the current impasse in climate and energy policy.
The conversation will also feature a cross-partisan roundtable moderated by Hannah Hess of E&E News and panelists including John Larsen, Director of the Rhodium Group, Jerry Taylor, President of the Niskanen Center, Catrina Rorke, Director of energy policy at R Street and Todd Wooten, Senior Counsel on the U.S. Senate Finance Committee.
Wednesday, November 30, 2016
9 am – 11 am
Breakfast will be served
The Willard InterContinental Hotel
1401 Pennsylvania Ave NW
The Climate Challenge: John Larsen, Rhodium
The Great Swap: Joe Aldy
Moderated by Hannah Hess, E&E News
Catrina Rorke, R Street
Todd Wooten, U.S. Senate Finance Committee
Jerry Taylor, Niskanen Center