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Greg Bertelsen

Greg Bertelsen. EVP, Climate Leadership Council gbertelsen@clcouncil.org. CO-AUTHORS OF BAKER-SHULTZ PLAN INCLUDE. GEORGE P. SHULTZ Secretary of State, President Reagan Secretary of Treasury, President Nixon. JAMES A. BAKER, III

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Greg Bertelsen

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  1. Greg Bertelsen EVP, Climate Leadership Council gbertelsen@clcouncil.org

  2. CO-AUTHORS OF BAKER-SHULTZ PLAN INCLUDE GEORGE P. SHULTZ Secretary of State, President Reagan Secretary of Treasury, President Nixon JAMES A. BAKER, III Secretary of State, President G.H.W. Bush Secretary of Treasury, President Reagan MARTIN FELDSTEIN Chairman of Council of Economic Advisers,President Reagan N. GREGORY MANKIW Chairman of Council of Economic AdvisersPresident G.W. Bush HENRY M. PAULSON, JR. Secretary of Treasury, President G.W. BushFormer Chairman & CEO, Goldman Sachs ROB WALTON Former Chairman,Wal-Mart Stores, Inc.

  3. FOUR PILLARS OF THE BAKER-SHULTZ PLAN 1. GRADUALLY RISING CARBON FEE2. CARBON DIVIDENDS FOR ALL3. REGULATORY SIMPLIFICATION4. BORDER CARBON ADJUSTMENTS

  4. Corporate Founding Members Energy Founding Members NGO Founding Members Individual Founding Members Ben Bernanke ● Steven Chu ● Ray Dalio ● Martin Feldstein ● Ted Halstead • Stephen Hawking ● N. Gregory Mankiw ● Paul Polman ● Klaus Schwab ● Thomas Stephenson Lawrence Summers ● Ratan Tata ●Rob Walton ● Christine Todd Whitman ● Janet Yellen Distinguished Co-Authors James A. Baker, III George P. Shultz

  5. 3500+ 4 27 15

  6. The Carbon Dividends Plan has majority support across party lines. Including 4-1 support overall, 2-1 GOP support and 75% support from Republicans under 40. Business and environmental leaders are proposing a bipartisan climate solution that charges fossil fuel companies for their carbon emissions and gives all the money directly to the American people through a quarterly check. This new climate solution is called “Carbon Dividends”, because all households would receive a quarterly cash payment as part of an effort to solve climate change. Would you support or oppose this plan?

  7. Thank You Greg Bertelsen gbertelsen@clcouncil.org

  8. 3x 115% 2018-2025 Emissions Reductions of Emissions Reductions of (high-end of) More than Obama-Era Regulations U.S. Paris Commitment 2005 Baseline GHG Emissions New Baseline -14% -14% Obama-Era Regulations -18% -18% U.S. Paris Commitment -28% -28% Baker-Shultz Plan -32% -32% 2025 2018 Source: Bailey and Bertelsen, A Winning Trade, June 2018

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