Our vision
The most successful climate change policy in North America is
British Columbia's award-winning carbon tax. Our vision
is to adapt this policy to Washington State with a ballot measure that
will improve the state's economy
and the state's environment by:
- following BC's lead by implementing a carbon tax on fossil fuels of $30 per ton of CO2 (equivalent to about $0.30 per gallon of gasoline, $0.03 per kWh of coal-fired power, or $0.015 per kWh of natural gas-fired power);
- using most if not all of the resulting revenue to reduce taxes in the state that distort the economy, such as property taxes, the B&O tax on businesses, and the sales tax; and
- offsetting impacts on low-income
households, e.g., through sales tax reductions and/or the Working Families Rebate.
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