The Most Ambitious Climate Plan In History

View on Fortune website

Date

Sept. 10, 2018

News Type

Media Highlight

Source

Fortune

"As also discussed in our report, the nonprofit research organization Resources for the Future modeled the Baker-Shultz plan through 2035 based on a carbon tax starting in 2021 and a range of inflation-adjusted annual escalation rates from 3% to 6%. It found that U.S. energy-related CO2 emissions would decline to a level of 41% to 47% below 2005 levels by 2035, also raising the environmental bar substantially."

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