If enough of the business community speaks up in favor of a carbon fee, it will become the law of the land. That’s the number-one message we heard during two years of meetings with some 300 senators, House members, and congressional aides. Most of them were open to this solution to climate change, but they need to see evidence that business leaders “back home” are on the same page.
Can we mobilize those leaders? The latest encouraging sign came last week from Business Forward, a group of small business owners, executives, entrepreneurs, and investors from across the United States. This trade association held a series of briefings with CEOs and economists from across the ideological spectrum to examine specific tax proposals and their potential impact on business. The conclusion: Many business leaders agree that pricing carbon is a simple, fair, and market-based solution. It decreases the need for federal regulation and can reduce emissions more quickly and equitably.