To: The California State House, The California State Senate, and Governor Gavin Newsom
Gov Brown/CA Legislature: Upgrade Cap and Trade. Pass SB775
We want an equitable and effective cap and trade program in California with no offsets or free allowances, a steadily rising price on carbon, high enough to meet our emissions targets, and climate dividends for every resident.
Please pass SB775.
Please pass SB775.
Why is this important?
Senate Bill 775 needs our support to counter an alternative proposal from Big Oil that does nothing to improve cap and trade, keeping the carbon price very low for years.
WHAT WE NEED:
A HIGH PRICE COLLAR TO PRICE CARBON with a floor of $60 and a ceiling of $120/ton of CO2 by 2030
AN END TO OFFSETS that allow local pollution to continue
AN END TO FREE POLLUTION ALLOWANCES
A CLIMATE DIVIDEND that returns revenue to every CA resident
TO DEAL WITH SURPLUS ALLOWANCES from the current program to not undermine the post-2020 program
WITH ACCELERATION OF RENEWABLE POWER in the state, as Community Choice Energy takes off county by county, along with technological advances in energy storage and in small wind, like PRIMO WIND out of San Diego, we are now primed as a state to transition to a CLEAN ENERGY ECONOMY and lead the rest of the US. SB775 helps move that crucial path forward.
SB 775 would provide the mechanism to effectively bring about a market-driven transition to clean energy by amending California’s cap and trade system to establish a predictable, steadily rising price on fossil fuels with corresponding dividends returned to all adult residents. That would create society wide demand for green energy technology creating new jobs and industries and make clean energy a driving force of our economy.
SB775 was authored by State Senator Bob Wieckowkski (D-Fremont/10th district, including parts of Alameda/Santa Clara counties), chair of the Senate Environmental Quality Committee.
SB775 is supported by groups that include the following:
Citizens Climate Lobby
350 Bay Area
San Diego 350
SoCal350
Union of Concerned Scientists
Physicians for Social Responsibility SF
Californians for a Carbon Tax
Friends of the Earth
organizations and economists at these universities: Stanford, Colorado State and Duke.
More information on SB775 can be found at:
http://calfact.org/senate-bill-775
http://sd10.senate.ca.gov/news/2017-06-30-more-groups-line-support-senate-cap-and-trade-bill
WHAT WE NEED:
A HIGH PRICE COLLAR TO PRICE CARBON with a floor of $60 and a ceiling of $120/ton of CO2 by 2030
AN END TO OFFSETS that allow local pollution to continue
AN END TO FREE POLLUTION ALLOWANCES
A CLIMATE DIVIDEND that returns revenue to every CA resident
TO DEAL WITH SURPLUS ALLOWANCES from the current program to not undermine the post-2020 program
WITH ACCELERATION OF RENEWABLE POWER in the state, as Community Choice Energy takes off county by county, along with technological advances in energy storage and in small wind, like PRIMO WIND out of San Diego, we are now primed as a state to transition to a CLEAN ENERGY ECONOMY and lead the rest of the US. SB775 helps move that crucial path forward.
SB 775 would provide the mechanism to effectively bring about a market-driven transition to clean energy by amending California’s cap and trade system to establish a predictable, steadily rising price on fossil fuels with corresponding dividends returned to all adult residents. That would create society wide demand for green energy technology creating new jobs and industries and make clean energy a driving force of our economy.
SB775 was authored by State Senator Bob Wieckowkski (D-Fremont/10th district, including parts of Alameda/Santa Clara counties), chair of the Senate Environmental Quality Committee.
SB775 is supported by groups that include the following:
Citizens Climate Lobby
350 Bay Area
San Diego 350
SoCal350
Union of Concerned Scientists
Physicians for Social Responsibility SF
Californians for a Carbon Tax
Friends of the Earth
organizations and economists at these universities: Stanford, Colorado State and Duke.
More information on SB775 can be found at:
http://calfact.org/senate-bill-775
http://sd10.senate.ca.gov/news/2017-06-30-more-groups-line-support-senate-cap-and-trade-bill