Purpose
- Investigates the causes of economic imbalances.
- Investigates causes tending to destroy or impair the free-market system.
- Explores and develops market-based solutions.
Summary
With support from Walker Foundation, CSE will continue to advance its goal of including the logging and wood products sector in federal, state, and local climate action plans and regulation of this sector’s climate impacts through market-based solutions. At the federal level we are participating in new regulatory processes initiated by Executive Order 14008 (climate smart forestry) Executive Order 14072 (mature and old growth forests), and the US pledge to end deforestation and forest degradation by 2030. At the state level, we are focusing efforts on executive actions by governors in North Carolina, Maine, Oregon and Washington. In addition, the Forest Carbon Coalition, co-directed by CSE, is mobilizing scientific, community, and conservation organizations to promote climate action agendas at both levels that includes accounting for logging and wood products sector emissions, a forest carbon tax and reward program and other market-based solutions.
Purpose
Climate change has been referred to as the most spectacular market failure ever. The market’s failure to incorporate the costs of climate change into prices of wood and paper products supports a tremendous level of over-production, over-consumption, and wasteful uses of these commodities. Putting a price on high-emissions logging operations is a critical market-based solution for internalizing the catastrophic costs associated with climate change and rebalancing markets to support efficient use of energy resources, forestlands, and wood products. With respect to forestlands, CSE has pioneered the development of several market-based policy interventions that decision makers can use to help expedite the transformation of industrial forest practices to climate smart alternatives. These include forest carbon tax and reward, subsidy reform, cap and invest, no net loss and climate resiliency plans for large owners.
Scope
We are working at the federal level by participating in new regulatory processes initiated by the Biden-Harris Administration via Executive Order 14008, Executive Order 14072, and the new US pledge to end deforestation and forest degradation by 2030. The Forest Carbon Coalition serves as our primary partner within these processes. We are also working at the state level in parallel executive-order processes, primarily in the states of Maine, North Carolina, Washington and Oregon.
Amount Approved$50,000.00
on 6/8/2023
(Check sent: 6/21/2023)
