The risks of climate change demand rapid decarbonization. We believe two interlocking policy areas can have synergistic benefits: targeted governmental interventions to accelerate the pace of change by removing barriers to permitting, siting, building, and deploying low-carbon technologies and practices, and a border-adjusted carbon tax that pushes investments towards clean options and away from fossil fuels. In other words, we are pushing for policies that not only offer present solutions but also hasten the advances of the future, a combination the journalist Ezra Klein has dubbed “supply-side progressivism.”
Climate change is real, it is caused by human activity, and it poses significant risk. Given the range of possible outcomes—from modest to catastrophic—any reasonable risk management exercise points toward immediate decarbonization as the optimal response.