[MCN] Not the carbon tax that everyone could support: Update from Bloomberg Climate Changed

[Lance Olsen]

Major oil, power and consumer products manufacturers released their most specific plans yet for a proposed nationwide tax on carbon dioxide <https://link.mail.bloombergbusiness.com/click/18036121.26355/aHR0cHM6Ly93d3cuYmxvb21iZXJnLmNvbS9uZXdzL2FydGljbGVzLzIwMTktMDktMTEvY2xpbWF0ZS1ncm91cC10aGF0LXVuaXRlcy15ZWxsZW4tZXh4b24tdW52ZWlscy1jYXJib24tdGF4LXBsYW4_dXRtX21lZGl1bT1lbWFpbCZ1dG1fc291cmNlPW5ld3NsZXR0ZXImdXRtX3Rlcm09MTkwOTEyJnV0bV9jYW1wYWlnbj1jbGltYXRlY2hhbmdlZA/58ffbaf7dd4c29967b8b4646Bf8111d0f> that aims to halve U.S. emissions by 2035. The blueprint unveiled by the Climate Leadership Council calls for an initial $40 levy on each ton of CO2. The council, which unites major fossil fuel companies and some conservation groups, even agreed to jettison one of its most controversial initial proposals—a shield against climate-related lawsuits. But Big Oil and conservatives want something in return: In exchange for the fee, federal regulations targeting CO2 emissions from power plants, refineries and other industrial facilities would be swept away. —Josh Petri <https://link.mail.bloombergbusiness.com/click/18036121.26355/aHR0cHM6Ly90d2l0dGVyLmNvbS9qb3NocGV0cmk/58ffbaf7dd4c29967b8b4646Bdf6f6bbe>

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A core question: What is “resilience”?

2018 — “Resilience is a popular narrative for conservation and provides an opportunity to communicate optimism that ecosystems can recover and rebound from disturbances.” (Emily S. Darling and Isabelle M. Côté, Science, March 2, 2018). 

2014 — “Emerging from a wide range of disciplines, resilience in policy-making has often been based on the ability of systems to bounce back to normality, drawing on engineering concepts. This implies the return of the functions of an individual, household, community or ecosystem to previous conditions, with as little damage and disruption as possible following shocks and stresses”  (Tanner et al, Nature Climate Change,  December 18, 2014). 

1938 — Resilience. 1- The act or power of springing back to a former position or shape. 2. The quantity of work given back by a body that is compressed to a certain limit and then allowed to recover itself, as a spring under pressure suddenly relaxed.”  (Funk & Wagnall’s New Standard Dictionary of the English Language, vol.2, M-Z 1938)




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