CCL releases an macroeconomic report on the impact of fees on fossil fuels.

The REMI report is a modeling done by a national non-partisan business.  It shows that putting a fee on fossil fuels,, that is returned to the U.S. citizens with increase jobs, save lives, decrease pollution, and increase the GDP significantly. Read the summary here!

Citizens’ Climate Education Corporation (CCEC) and Citizens’ Climate Lobby (CCL) contracted a third party, Regional Economic Modeling, Inc. (REMI) to do a nation-wide macroeconomic study on the impact of its Fee and Dividend (F&D) policy. The policy modeled is not a perfect representation of F&D (most obviously, F&D begins at $15 per ton whereas the study began at $10 per ton), but it is quite close, and accounts for the impact F&D’s border tariff adjustment would have on the US economy. REMI used three models to do the study: (1) The Regional Energy Deployment System (ReEDS) built by the National Renewable Energy Laboratory and run by Synapse Energy Economics; (2) the Carbon Analysis Tool (CAT); an enhancement of the open-source CTAM model and populated by data from the US Energy Information Administration (EIA); and (3) REMI PI+, a proprietary dynamic model of subnational units of the United States’ economy whose methodology and equations are peer-reviewed and available to the public. Output included impacts on 160 industries, nationally and regionally for the 9 “U.S. Census” regions commonly grouped together in a number of federal data sources and in the energy market forecasts from the EIA.

The following links include two summaries of the report and the last link is the full report.

Regional Summaries

Summary of “The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax” By REMI and Synapse

Regional REMI Summary for the Mountain (MNT) Region (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Wyoming)

Full Report

The Economic, Climate, Fiscal, Power, and Demographic Impact of a National Fee-and-Dividend Carbon Tax

About Danny Choriki

I am a secular humanist, a social scientist, a technologist, a hasher, and a generally nice guy living in Montana.
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