New Analysis Underscores Effectiveness of Carbon Dividends Solution

Conservatives have long known that markets are far more effective than governments and solving problems. We now have yet another study proving that empirically, this time as a climate solution.

While the Left looks to play whack-a-mole with regulations, picking winners and losers along the way, Baker-Shultz Carbon Dividends uses the market itself, pulling thousands of levers at once. This means dramatic emissions reductions at a fraction of the cost, leading to immense economic growth and job creation as that revenue is rebated directly back to the American people.

The study by renowned economic consultancy NERA states: “[w]hile both approaches cut emissions by roughly half by 2036, the carbon dividends approach results in an additional $190 billion per year in GDP, on average. As both policies drive deeper emission cuts, the gap widens further: by 2036, GDP is $420 billion higher under the carbon dividends approach. The superior cost-effectiveness of the carbon dividends plan translates into greater consumption for households. By 2036, annual consumption per household is $1,260 higher with this pricing approach than is projected under the regulatory scenario.”

This is why Young Conservatives for Carbon Dividends is rallying behind Baker-Shultz, calling on Republicans in Congress to write this plan into legislation. Together, we can champion a true political win-win on the economy and the environment. We have a responsibility—not just as good stewards of both, but as patriotic Americans—to preempt disastrous big-government climate proposals with a more effective and efficient solution: Baker-Shultz.