A2. Economic Policy For A Safer Climate

Started by AnthonyAú, Mar 19, 2024, 06:12 PM

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AnthonyAú

Platform - Green Party US
  Section III. Ecological Sustainability
        A. Climate Change
              A2. Economic Policy For A Safer Climate

  • Enact a Fee & Dividend system on fossil fuels to enable the free market to include the environmental costs of their extraction and use.

    These fees shall be applied as far upstream as possible, either when fuel passes from extraction to refining, distribution or consumption; or when it first enters the United States' jurisdiction.

    The carbon fee will initially be small, a dime per kilogram of carbon, to avoid creating a shock to the economy.

    The fee will be increased by 10% each year that global atmospheric carbon dioxide content is greater than 350 ppm, decreased 10% each year it's less than 300 ppm, and repealed entirely when it falls below 250 ppm.
  • Although imported fossil fuel has no more impact on global climate change than domestic, importing petroleum and natural gas has a catastrophic impact on American foreign policy and the American economy.

    We will enact this same fee on imported fossil fuels a second time to give the free market an incentive to wean America off foreign oil and gas.
  • The Green Party calls for elimination of subsidies for fossil fuels, nuclear power, biomass and waste incineration and biofuels.

    We must also acknowledge that the bulk of our military budget is, in fact, an indirect subsidy for oil & gas corporations.
  • To prevent perverse incentives arising from higher carbon prices, the Green Party mandates clean fuels in addition to pricing carbon.

    Otherwise dirty energy sources like nuclear power, biomass and biofuels that are not subject to carbon pricing will become economically competitive.