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Presentation Agenda

Project Context Project Method Results Results Discussion Conclusions Q&A

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C&T?

C&T

Tax?

2 concerns:

• Isolation from surrounding C&T states

• Alignment with state goals

Project Context

2 research questions:

What might happen if Oregon chooses a tax?

What might happen if Oregon chooses cap and trade?

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Project Context

In addition, Oregon legislators care about: • Jobs• Economy• Social Justice

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Project Context

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Project Method

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Results

  EU RGGI BC AU CA OR WAStrong personal leadership

  X X   X X X

Clear threats from climate change

X X X X X X X

Commitment to climate action (goals)

X X X   X X X

Support for action from outside government

X X X   X X X

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Results

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Results

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Results Discussion

BC Tax:

RGGI:

?

Emissions allowances

Jobs and economic growth!

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Conclusions

Carbon pricing can work in Oregon We don’t have to choose between cap

and trade or a tax- we can have both DESIGN is critical! Best Practices:

• Manage revenue responsibly and link revenue to GHG reduction

• Consider complimentary policies• Plan for politics!• Start simple and increase complexity over time• Prioritize transparency and validity

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Washington Update

Climate Executive and Legislative Workgroup (CLEW) split down party lines in 2013

Gov. Inslee issued an executive order on climate in April 2014

New Carbon Emissions Reduction Taskforce (CERT) is charged with recommending a policy design to the legislature; cap and trade, carbon taxation, and hybrid approaches are all under consideration

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Conclusions

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Thank You!

Questions?