John Delaney's plan for Climate Change

Climate change is one of the direst issues facing the world today. The effects of global warming do not stop at international borders and we can no longer avoid the realities of the situation that we find ourselves in.

Climate change affects most aspects of human life, everything from rising sea levels, health concerns, sealife, animals, fiercer and more frequent catastrophic storms, lower crop yields, and drought. It also is a national security concern as the military categorizes climate change as a threat multiplier. The National Climate Assessment was stark in its assessment of the implications of not addressing rising temperatures, soon. The international community agreed in the U.N. Intergovernmental Panel on Climate Change report that we have to limit global warming to 1.5 degrees celsius above preindustrial levels by 2030 to prevent catastrophic effects on the planet. 

  • Delaney would implement a federal carbon tax
    • His proposed carbon tax reduces GHG emissions by almost 40% by 2030 and over 90% reductions by 2050. 
    • A carbon tax creates powerful market incentives to reduce emissions in the short term and develop alternative energy sources in the long term.
    • Carbon tax has bipartisan support from various industries in the private sector as well as the environmental community. 
    • Revenue: return 100% to the taxpayers with an option to invest the dividend into a tax advantaged savings account like a 529 or retirement account. 
    • In addition to introducing his own bill, Delaney was part of the coalition that introduced the first bipartisan carbon tax legislation in over a decade. 
  • Reengage in the international community by re-joining the Paris Agreement
    • U.S. leadership helped bring almost all countries to an agreement to address climate change.
    • Reaffirm to the international community the U.S.’s commitment to pursue environmentally friendly policies.
  • Increase federal investment in renewable energy, in negative emission technologies to pull carbon dioxide out of the atmosphere, and in green infrastructure projects
    • 5-fold increase in DOE green energy research to innovate our way out of the problem
      • The green energy research would invest in energy storage, battery performance, sustainable transportation technology, grid efficiency, renewable energy, energy efficiency, carbon capture, and energy conservation technology. 
    • Invest in negative emission technologies to incentivize the development of a competitive market and hasten the deployment of the technology
    • Bolster renewable tax credits 
    • Delaney’s infrastructure plan would include building sustainable infrastructure

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