Our current focus involves the concept of Clean Free Market Policy: Open markets, reformed regulation, competition and applying Ronald Reagan-style tax cuts on decarbonizing products and services.
As COVID-19 cuts a deadly swath across the globe, we have tried to respond by developing policies that help governments, businesses and citizens manage and regain their financial health using private debt markets. Working collaboratively with experts from around the world, we have developed, Private CoVictory Bond & Loan Proposal: A COVID Stimulus Proposal for Rapid Recovery & Default Risk Reduction.
Another promising proposal creates a new class of security, called the Clean Asset Bond (CAB), as well as the Clean Asset Loan (CAL), collectively referred to as Clean Asset Bonds and Loans (CABLs), which would allow private developers or corporations to issue tax-exempt debt on qualified clean assets. Please read more about these initial ideas on the Policy Briefs section. We continue to research the applicability of this concept, and will post updates on our concept when available.
We are encouraged by the strong interest in free market solutions to meeting current energy needs, and have discussed our ideas and research at a series of events in 2019, which culminated in the Colloquium on Climate and Freedom on December 12, 2019 in Madrid to coincide with COP25. Our plans for a Climate and Freedom conference to coincide with COP26 to be held in Glasgow, Scotland, in November 2020 has been postponed, but we will announce any new meeting schedules in this space.
Organizations with similar policy approaches include the Clean Capitalist Coalition (CCC), which was formally launched on Wednesday, Sept. 26, 2018 in Washington, DC, as well as on Sept. 27, 2018 in New York City during the annual Clean Capitalist Leadership Council meeting. The Coalition brings together a wide array of policy groups and other experts to work more effectively in Washington. This fellowship of think tanks and scholars continues to review and refine policy options, and welcomes new members.
See Events both past and present. Details will be posted when available.
This policy research has benefitted from input from more than 300 experts, including faculty and researchers at Columbia University, the Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (MIT CEEPR), the American Council for an Energy Efficient Economy (ACEEE), American Renewable Energy Institute (AREI), The Nature Conservancy (TNC), Arizona State University LightWorks, the One Step In Foundation, and R Street Institute, among many others. With their valuable expertise and insight, together we have explored several important sectors of the economy for potential application of Clean Tax Cuts or Clean Assets Bonds, including transportation, oil and gas, real estate, clean tech, agriculture and land use, and finance. We would welcome your participation.
To Learn more about the Clean Tax Cuts (CTC) concept, please visit the Resources section or CleanTaxCuts.org.
Video Snippet from Clean Capitalist Coalition Launch: