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The Climate Leadership Council is an international policy institute founded in collaboration with a who’s who of business, opinion and environmental leaders to promote a carbon dividends framework as the most cost-effective, equitable and politically-viable climate solution.

Study: Carbon dividends is the most cost-effective Climate Solution

The carbon dividends plan generates an extra $190 billion in economic output per year, on average, while achieving the same emissions reductions as a regulatory approach, according to a study by NERA Economic Consulting. As both policies drive deeper emission cuts, the gap widens further: by 2036, GDP is $420 billion higher each year under the carbon dividends approach.

cover of study by NERA

Space view of of North America at night

AMERICA’S CARBON ADVANTAGE

A first-of-its-kind study underscores America’s striking carbon efficiency advantage over its key trading partners. By leading and establishing a new order on climate and trade, America can leverage its significant carbon advantage to enhance the competitiveness of U.S. businesses, bring manufacturing jobs back to the U.S. and boost climate ambition around the world.

Read the Report

COUNCIL PLAN WILL CREATE 1.6 MILLION JOBS & DRIVE $1.4 TRILLION IN INNOVATION

According to a new analysis by Thunder Said Energy, the Council’s carbon dividends plan would unlock $1.4 trillion in new U.S. capital investment, create 1.6 million jobs, reduce US carbon emissions by 57% by 2035, and enhance American industrial competitiveness.

Read the Analysis

document of study findings
Foreign Affairs magazine cover May 2020

THE STRATEGIC CASE FOR U.S. CLIMATE LEADERSHIP

By James A. Baker III, George P. Shultz and Ted Halstead

In a major essay in Foreign Affairs magazine, the authors reframe the national climate debate in ways that can strengthen America’s economic and strategic position in a post COVID-19 world.
Read the Essay

BROADEST CLIMATE COALITION ISSUES BIPARTISAN CLIMATE ROADMAP

COUNCIL ANNOUNCES GOLDMAN SACHS, JP MORGAN CHASE, CHRISTIANA FIGUERES & ERNEST MONIZ AS NEW FOUNDING MEMBERS
15 FORTUNE 100 COMPANIES + ENVIRONMENTAL GROUPS PREVIEW PLAN WITH MEMBERS OF CONGRESS FROM BOTH PARTIES

The Roadmap is the result of over two years of dialogue among the Founding Members of the Climate Leadership Council. If enacted, the Bipartisan Climate Roadmap would:

  • Cut U.S. CO2 emissions in half by 2035
  • Provide families of four $2,000 a year
  • Reduce unnecessary regulations
  • Pay for itself
  • Drive growth and innovation
  • Compel other countries to follow
Report cover: Bipartisan Climate Roadmap

POLL: STRONG SUPPORT FOR CARBON DIVIDENDS, BIPARTISAN ACTION

whitepage of poll

Two thirds of voters support carbon dividends, including 4 to 1 support overall, 2 to 1 support among Republicans, and 3 to 1 support among Republicans under 40. By a margin of 6 to 1, voters want any national climate solution to be bipartisan (58% Rep, 63% Dem, 56% Ind).See the Results

THE PRICING ADVANTAGE

Co-authored by George P. Shultz and Ted Halstead, this report outlines the 12 reasons a national carbon fee is the most cost-effective, environmentally-ambitious and politically-viable climate solution.

Report cover: The Pricing Advantage
Chart of Projected CO2 reductions from the Baker-Shultz Plan
table of poll results

COUNCIL WAYS & MEANS TESTIMONY

CEO Ted Halstead testified at the House Ways & Means Committee’s first climate hearing in 12 years, and presented the business and economic case for our bipartisan climate breakthrough. Read the Testimony

[title above=”” h1=”false” center=”false”]THE DIVIDEND ADVANTAGE[/title]Co-authored by George P. Shultz and Ted Halstead, this report outlines the top 10 reasons why rebating all carbon fee revenues directly to the American people is the most popular, equitable and politically-viable climate solution.

NATIONAL POLLS SHOW BROAD SUPPORT FOR BAKER-SHULTZ PLAN

New national polls show greater than 2-1 support overall for the Baker-Shultz Plan, including 3-1 support among Republicans, and 4-1 support among Millennials, soon to be the largest voting cohort.

COUNCIL ANNOUNCES NEW FOUNDING MEMBERS

The Council’s newest Founding Members include Individual Members Ben Bernanke, Janet Yellen and Christine Todd Whitman, as well as Corporate Members AECOM, Allianz, AT&T, Exelon, First Solar, and MetLife.Learn More
[title above=”” h1=”false” center=”false”]A WINNING TRADE[/title]This study shows the Baker-Shultz Carbon Dividends Plan would achieve more than triple the emissions reductions of all Obama-era climate regulations, and could exceed the high end of the U.S. Paris Commitment. Read the Report
[title above=”” h1=”false” center=”false”]”THE CONSENSUS CLIMATE SOLUTION”[/title]In this Wall Street Journal ad, our initial Founding Members state that America needs a consensus climate solution that bridges partisan divides, strengthens our economy and protects our environment. See the Ad
[title above=”” h1=”false” center=”false”]OUR CARBON DIVIDENDS PLAN[/title]The Baker-Shultz Carbon Dividends Plan would strengthen our economy, help working class Americans and protect our shared environment, while bridging partisan divides. Learn More
[title above=”” h1=”false” center=”false”]THE CONSERVATIVE CASE FOR CARBON DIVIDENDS[/title]Co-authored by renowned senior statesman, this marks the first time Republican leaders put forth a concrete, market-based climate solution. Read the Report
[title above=”” h1=”false” center=”false”]UNLOCKING THE CLIMATE PUZZLE[/title]Why we are failing to reduce emissions in time, and how a carbon dividends plan could overcome the psychological, economic and political barriers. Read the Report
[title above=”” h1=”false” center=”false”]TREASURY ANALYSIS[/title]According to this recent analysis from the Treasury Department, the bottom 70% of Americans would be financially better off under a carbon dividends program. Learn More

JAMES A. BAKER, III

LAWRENCE SUMMERS

Lawrence Summers Explains How Carbon Dividends Work Bloomberg TV

FOX NEWS

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JANET YELLEN

N. GREGORY MANKIW

MARTIN FELDSTEIN

ASPEN IDEAS FESTIVAL

COUNCIL LAUNCH EVENT

C-SPAN

BLOOMBERG


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