The Climate Leadership Council is a bipartisan non-profit organization that advocates for a carbon fee and dividends policy that would tax carbon emissions and refund all the money to Americans in payments of approximately $ 2,000 a year for a family of four. The plan would reduce emissions by 50 percent by 2035, according to an economic model by Resources for the Future .
33-584: Launched in 2017 by Ted Halstead and former Republican Secretaries of State James Baker and George Shultz , the council has organized a coalition of companies, environmental organizations, economists and others in support of its climate proposal. The council's carbon tax and dividends proposal is known as the Baker-Shultz Carbon Dividends Plan. The plan proposes taxing fossil fuels companies on carbon emissions and paying out rebates to Americans. The proposal includes four pillars: In 2019,
66-593: A TED Talk entitled “A Climate Solution Where All Sides Can Win” at the 2017 TED Annual Conference in Vancouver, British Columbia. As of December 2019, this TED Talk had received over 1.5 million views and was translated into 20 languages. Halstead began his speech by naming three barriers to climate progress: psychological, geopolitical, and partisan. He argued that the conservative carbon dividends plan that he co-wrote with leading Republican statesmen can overcome each of these barriers. He said, “I'm convinced that
99-674: A $ 15,000 seed grant from Echoing Green . Halstead served as Executive Director from 1993 to 1997. In 1995, Redefining Progress released the Genuine Progress Indicator (GPI), an alternative to the GDP that takes social and environmental costs into account. The GPI was launched in an October 1995 cover story in The Atlantic entitled "If The Economy Is Up, Why Is America Down?" that Halstead co-authored with colleagues Clifford Cobb and Jonathan Rowe. In 1997, Redefining Progress organized
132-511: A YGL unless you are already in a powerful position." Representing 70 nations, Young Global Leaders are nominated by alumni to serve six-year terms and are subject to veto during the selection process. Candidates must be younger than 38 when accepted (so active YGLs are 44 and younger), and highly accomplished in their fields. There have been many hundreds of honorees, including several popular celebrities, alongside recognized high achievers and innovators in politics, business, academia, media, and
165-529: A carbon dividends solution. The Climate Leadership Council's coalition of supporters are called Founding Members. The council launched its Founding Members coalition in June 2017. As of August 2021, the council had 46 Founding Members, including 25 corporations, three environmental organizations and 17 individuals. On August 6, 2021, Exxon Mobil Corporation 's membership in the Climate Leadership Council
198-702: A circumnavigation by returning to the Mediterranean via the Red Sea , the piracy situation in the Gulf of Aden in 2012 was too dangerous. So they sold their boat in Bali in late 2012 after 4.5 years of non-stop sailing during which they visited five continents. Halstead died in Spain on September 2, 2020, when he fell 30 meters while hiking. Young Global Leaders Forum of Young Global Leaders , or Young Global Leaders ( YGL )
231-399: A conservative get a standing ovation at TED before". In March 2008, shortly after getting married, Halstead and his wife Veronique Bardach set sail and departed westward from France aboard a 50-foot Catana catamaran yacht that they named Verite (a play on the first two letters of their names and of their dog Ria, who accompanied them). Although Halstead and his wife hoped to complete
264-662: A family of four in the first year. The council also assembled a group of executives, environmentalists and financial experts to advocate for their carbon dividends plan as a way to reduce greenhouse gas emissions to the bipartisan Senate Climate Solutions Caucus. In addition to lowering CO 2 emissions, research and modeling has shown that the plan would also generate $ 1.4 trillion in new capital investment in innovation and create 1.6 million new jobs by 2035 in clean-energy technologies like electric vehicles, solar panels, carbon capture technologies, and offshore wind farms. A report, America’s Carbon Advantage , published in 2020 argues that
297-620: A new climate strategy based on carbon dividends can strengthen America's economy, reduce regulation, help working-class Americans, shrink government, and promote national security . A profile in Bloomberg suggested the release of this report "may be the biggest day for climate policy since the Paris Agreement was signed in 2015." Since then, the Climate Leadership Council has recruited a number of "Founding Members" which include: The Climate Leadership Council's Baker-Shultz Carbon Dividends Plan
330-411: A position on the board. Redefining Progress closed its doors in 2008. Halstead founded New America (formerly known as New America Foundation) in 1999, at the age of 30, and served as founding President and CEO until 2007. Under his leadership, the organization grew rapidly to a staff of 100 and an annual budget of $ 10 million. New America's original mission was to bring new voices and new ideas into
363-400: A qualified nomination process, which is then vetted by Heidrick and Struggles, and subsequently vetted by a selection committee chaired by Queen Rania Al Abdullah of Jordan. Young Global Leaders straddle various fields, and are often highly accomplished leaders in their respective fields, including leading politicians, royalty, very senior members of Government, social activists and those in
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#1732848974985396-525: A study by NERA Economic Consulting in 2020 asserting that a carbon dividends model would generate more economic output compared with using commonly proposed climate regulations to achieve the same emissions reductions. By 2036, U.S. annual gross domestic product (GDP) would be $ 190 billion higher annually under a carbon dividends model compared with similar carbon reductions that rely on regulations. The council has published numerous polls showing bipartisan support for action to address climate change and for
429-610: Is a non-profit organization. The organization was created by Klaus Schwab , founder of the World Economic Forum and is managed from Geneva , Switzerland, under the supervision of the Swiss government. It is run by the World Economic Forum. The program was founded by Klaus Schwab of the World Economic Forum in 1992 under the name “Global Leaders for Tomorrow” and was renamed to Young Global Leaders in 2003. Schwab created
462-500: Is based on four pillars: (1) a gradually rising carbon fee, (2) carbon dividends for all Americans, (3) regulatory simplification, and (4) border carbon adjustment. In 2019, the Climate Leadership Council helped organize a large public statement: The Economists Statement on Carbon Dividends , first published in The Wall Street Journal and signed by over 3,500 U.S. economists, including all four living former Chairs of
495-673: The Financial Times , Fortune , The Washington Post , The Atlantic , National Review , and the Harvard Business Review , among other publications. He was selected as a Young Global Leader by the World Economic Forum in Switzerland. Halstead earned his bachelor's degree in 1990 from Dartmouth College , where he graduated magna cum laude, Phi Beta Kappa with a degree in philosophy. He received his MPA in 1998 from Harvard 's Kennedy School of Government , where he
528-488: The Economists' Statement on Climate Change to promote market-based solutions to climate change. Over 2,600 economists and 19 Nobel Prize winners signed the statement. Redefining Progress and Halstead also promoted the idea of a revenue-neutral carbon tax , which the government of British Columbia was the first to implement in 2008. Halstead stepped down as Executive Director of Redefining Progress in 1997, moving into
561-657: The Federal Reserve ( Janet Yellen , Ben Bernanke , Alan Greenspan , and Paul Volcker ), 27 Nobel Laureate economists, and 15 former chairs of the President's Council of Economic Advisors . Halstead was founding CEO of Americans For Carbon Dividends, a 501(c)(4) lobbying organization that promoted a national carbon dividends. The national co-chairs of Americans for Carbon Dividends are former Republican Senate majority leader Trent Lott and former Democratic Senator John Breaux . Americans for Carbon Dividends
594-465: The Climate Leadership Council organized the Economists' Statement on Carbon Dividends , which was signed by over 3,500 U.S. economists. In February 2020, the Council published its bipartisan climate roadmap which detailed the dividends proposal. The plan includes increasing carbon taxes gradually, starting at $ 40 per ton, and paying out dividends to Americans through quarterly payments, starting at $ 2000 for
627-565: The Information Age.” As a result, New America became known in its early years as a "Radical Centrist" think tank. On December 10, 2001, The Washington Post published a Styles section profile on Halstead entitled "Big Thinker: Ted Halstead's New America Foundation Has It All: Money, Brains and Buzz". Steve Coll succeeded Halstead as President and CEO of New America in 2007. Anne-Marie Slaughter became New America's third President and CEO in 2013. On May 17, 2017, Halstead delivered
660-425: The U.S. economy would emerge as a global winner from a border adjustable carbon fee included in the council's plan in part because American-manufactured goods are 40 percent more carbon efficient than the world average. Overseas manufacturers looking to export their goods to the U.S. would pay a U.S. carbon import fee. As a result, American businesses that are more efficient stand to benefit. The council also published
693-511: The arts. The group presently comprises some 1400 individuals, many of whom head numerous governments and Fortune 500 companies, have won Nobel Peace Prizes and Grammy Awards, and are UN Goodwill Ambassadors. The selection process includes a screening and an interview. Roughly 100 YGL are selected every year. The selection criteria is strict, requiring that individuals at start-ups be founders, chief executive officers or chairs of boards (especially of series C start-ups and unicorns), individuals in
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#1732848974985726-564: The economic, geopolitical, and psychological reasons that climate progress is deadlocked, and suggests that a carbon dividends plan could overcome each of these barriers. The Climate Leadership Council was officially launched on February 8, 2017, with the publication of "The Conservative Case for Carbon Dividends", co-authored by James A. Baker III , Martin Feldstein , Halstead, Gregory Mankiw , Henry M. Paulson Jr. , George P. Shultz , Thomas Stephenson , and Rob Walton . This report argues that
759-889: The first time that leading oil and gas companies have put their money behind a meaningful national price on carbon , and the first time that such a broad coalition of U.S. energy interests have co-funded an advocacy campaign to promote a price on carbon. As of January 2020, corporate funders of Americans for Carbon Dividends include: AWEA , BP , Calpine , ConocoPhillips , EDF Renewables , Exelon , ExxonMobil , First Solar , Ford , GM , IBM , Shell and Vistra Energy. Leaders of Americans for Carbon Dividends include former Republican member of Congress Ryan Costello as Managing Director, Steve Rice as Managing Director and Greg Bertelsen as Executive Vice President. In 1993, at age 25, Halstead founded Redefining Progress, an environmental economics think tank based in San Francisco, with
792-570: The group with $ 1 million won from the Dan David Prize , and the inaugural 2005 class comprised 237 young leaders. Since then, a total of some 1400 individuals have been inducted into the YGL community. BusinessWeek ' s Bruce Nussbaum describes the Young Global Leaders as "the most exclusive private social network in the world" and "perhaps the paramount networking network in the globe", while
825-517: The grouping, pointed out that while such social networks provides "privileged access to a network of elites" and represents "a concentration of cultural and social as well as symbolic capital", it would be simplistic to conclude that membership would "deterministically imply that the actors will obey its values." Another has suggested that the platform effectively selects already prominent and influential individuals, noting that "Young Global Leaders are not “put in power” like many believe. You cannot become
858-420: The influence of the organisation, Michelle Rempel , a Canadian Conservative politician who found out she had been selected as a Young Global Leader in 2016 with an email that she initially had assumed was spam, noted that the 2017 meeting was "no different in feel from an academic conference, if a bit more global in nature and with more high-profile politicians and CEOs in attendance." One academic, having studied
891-532: The organization bills the group of selected leaders as representing "the voice for the future and the hopes of the next generation". It has elsewhere also been described as a grouping that is "leading the charge in nurturing a special community of leaders committed to addressing the world's most urgent challenges." Skeptics suggest that the grouping is "instrumental in shaping policy around the world, undermining democratic principles, and creating obedient and compliant servants" In dispelling such conspiracy theories of
924-515: The public debate, and to break out of the traditional liberal and conservative categories. James Fallows was the original chairman of New America's board of directors. Eric Schmidt , former Executive Chairman of Google and Alphabet Inc , served as chairman of New America's Board from 2008 to 2016. Shortly after founding New America, Halstead and Michael Lind co-authored "The Radical Center: The Future of American Politics," which Senator John McCain described as “A political manifesto worthy of
957-431: The public sector be ministers, parliament members, mayors of capital cities or highly populated cities, governors, or heads of political parties and for civil society leaders to be founders and chief executive officers of consequential civil society organizations or social enterprises, or hold a senior leadership role in a large global NGO. These individuals cannot apply to join but instead are identified and proposed through
990-531: The road to climate progress in the United States runs through the Republican party and the business community.” Under the plan, he said, “We would end up with less regulation and far less pollution at the same time, while helping working-class Americans get ahead.” At the end of the talk, TED Curator Chris Anderson came on stage for a Q&A session with Halstead, and began by saying: "I'm not sure I've seen
1023-463: Was a Montgomery Fellow. Halstead was the founder, chairman, and CEO of the Climate Leadership Council, which promotes carbon dividends as a cost-effective, politically viable, and equitable way to reduce carbon pollution . The Climate Leadership Council was soft-launched on May 19, 2016, with the publication of Halstead's white paper , "Unlocking the Climate Puzzle". This report summarizes
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1056-487: Was publicly launched in June 2018 with the publication of a New York Times op-ed by Lott and Breaux, entitled “How to Break the Climate Impasse.” Americans for Carbon Dividends is funded by leading auto manufacturers, tech companies, energy companies, and trade associations from across the economy, including those in oil and gas, solar, wind, nuclear and geothermal. Americans for Carbon Dividends represents
1089-836: Was suspended. Ted Halstead Ted Halstead (July 25, 1968 – September 2, 2020) was an American author, policy entrepreneur , and public speaker who founded four non-profit think tanks and advocacy organizations: the Climate Leadership Council , Americans for Carbon Dividends, New America , and Redefining Progress. His areas of expertise included climate policy, economic policy , environmental policy , healthcare , and political reform. Halstead published numerous articles and two books, including The Radical Center: The Future of American Politics (co-authored with Michael Lind ). His articles have appeared in The New York Times , The Wall Street Journal ,
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