Carbon Washington’s revenue-neutral carbon tax Yoram Bauman PhD www.CarbonWA.org CarbonWA as “relief pitcher” • We are not opposing or in competition with the governor’s policy. • Our ballot measure is the “relief pitcher” for the governor’s legislative route. CarbonWA strategy • File an Initiative to the Legislature in March, collect 315,000 signatures by Nov 2015. • The Jan 2016 legislature has to either pass it or put it on the Nov 2016 ballot. • We’ve raised ≈$100k in the last month and hired co-directors Duncan Clauson (operations) and Kyle Murphy (organizing). CarbonWA policy Carbon tax: ≈$1.7 billion $25/ton CO2 Tax cuts: ≈$1.7 billion Manufacturers’ tax cuts: $200m Working Families Rebate: $200m Cut sales tax one full point: $1.3 billion Maintain revenue neutrality by slowly raising carbon tax rate carbon.cs.washington.edu Bipartisan effort • We have letters of support from economists around the state and are building support from across the political spectrum. • Seattle Times, Dec 21: “A revenue-neutral approach... would be both less financially risky and more politically viable...” • Seattle Business magazine endorsement. Carbon taxes are better than you think • There’s this high-school mentality that says that carbon taxes might win most studious... • ...but not most popular... • ...or even most likely to succeed (because you supposedly need a carbon tax of $50 or $100 to change behavior). carbon.cs.washington.edu Let’s take a swing at the ball! Yoram Bauman PhD www.CarbonWA.org