Absent any foreseeable action from Washington, some states and localities are stepping up with policies that put a price on carbon. And that has a number of exciting implications for cities and sustainable transportation. California is using revenue from its cap-and-trade program, for instance, to subsidize housing near transit.
In Oregon, advocates are now pushing a carbon tax that would rebate all the money to households. Even without spending the revenue on specific goals, carbon pricing would be a huge boost for walking, biking, and transit, Michael Andersen at Bike Portland explains:
The group, called Oregon Climate, is pushing a concept called “tax and dividend”: instead of sending the proceeds into government coffers, all of the revenue collected from wholesale fossil-fuel transactions — gasoline to a distributor, coal to a power plant, and so on — would be pooled and divided evenly among Oregonians in the form of checks worth an estimated $500 to $1500 per year.
“This is the most climate-friendly progressive legislature that we’ve had, and maybe the most climate-friendly in the country right now,” Oregon Climate Executive Director Camila Thorndike said in an interview Tuesday. “States across the country have their eyes on Oregon, and we cannot let this opportunity pass by.”
Prices would rise in Oregon for concrete, gasoline, electricity and other fossil-fuel-intensive products. Dan Golden, Oregon Climate’s volunteer policy director, said Tuesday that their proposed tax of $30 per ton of carbon (increasing by $10 each year) would translate into about 27 cents per gallon of gasoline, increasing another 9 cents each year.