Economic and Emissions Impacts of a Clean Air Tax or Fee in Oregon (SB306) (169 page pdf, Legislative Revenue Office, State of Oregon, Dec. 2014)
Also discussed here: Time to talk carbon tax: Conversation kicks off with Medford rally, report from PSU (Wendy Culverwell, Portland Business Journal, Dec. 5, 2014)
And here: Carbon Tax and Shift: How to make it work for Oregon’s Economy. (36 page pdf, Liu, Jenny H. and Renfro, Jeff, Northwest Economic Research Center Report, Mar. 1, 2013)
And here: Lima Call for Climate Action Puts World on Track to Paris 2015 (Press Release, United Nations Framework Convention on Climate Change, Dec. 14, 2014)
And here: NAZCA- The Non-state Actor Zone for Climate Action (Cooperative And Individual Actions On Climate Change In Partnership With Countries , United Nations Framework Convention on Climate Change, Dec. 2014)
On the eve of the UN’s last Conference of the Parties (COP20) in Lima which aimed to lay out a path to achieve the major reductions in carbon emissions needed by 2050, we review the plans and analyses of a state in the northwest USA. Oregon is considering a levy that would reduce its emissions to 1990 levels by 2030 at $100/ton tax. Detailed economic impacts include the gain in revenue of over $2B at a carbon tax of only $60/ton. Potential negative impacts such as reduced tourism income or a loss of competitiveness with neighboring states were found to be small or insignificant. This is precisely the kind of effort needed by sub-national entities to be able to make long and short term commitments which would reduce the severity of climate change impacts.
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