Diary

Van Jones Successor played major role in penning Cap&Trade Bill

Everyone knows about the Apollo Alliance.  Everyone knows Van Jones is on the board of the Apollo Alliance.  There is a 501c(3) organization called Green for All organized in September 2007 with operations started january of 2008.  Click around the site, and you tell me who helped write the bill.

Their CEO Phaedra Ellis-Lamkins may be someone to keep a watchful eye on…

Phaedra Ellis-Lamkins

Phaedra Ellis-Lamkins is the CEO of Green For All.  Since March 2009, she has assembled a civil rights coalition that successfully lobbied for two significant improvements to the U.S. House of Representatives’ version of the American Clean Energy and Security Act; securing funding for job training, and guaranteeing broad access to clean energy jobs. Under her leadership, Green For All has won major legislative victories in Washington State and New Mexico which are pioneering state-level green jobs and energy efficiency programs.  Prior to Green For All, Ms. Ellis-Lamkins headed the South Bay AFL-CIO Labor Council and Working Partnerships USA where she earned her reputation as one of the nation’s most brilliant, inspirational, and creative problem solvers for working families.  She has been featured in the Wall Street Journal online, San Francisco Chronicle, NBC News and ABC News.

Phaedra Ellis-Lamkins to take over for Van Jones

Staff: Green For All

Thank Ms. Lamkins when you pay your 100% higher power bills if Cap and Trade goes through and becomes lawThis is an excerpt from a study by the Political Economy Research Group at the University of Massachusetts Amherst dated 8/2009. .

“Not only households will be impacted by the
Higher fossil fuel prices that result from a carbon
cap. Government expenditure accounts for
about 14% of U.S. carbon emissions. Of this total,
3.6% comes from federal spending and
10.8% from state and local government spending.
To keep government whole – to avoid cuts in
real government purchasing power – a comparable
share of carbon revenues will need to flow
to government coffers.
If the dividends paid to the public from carbon
revenue are non-taxable, then policymakers will
need to allocate a portion of the remaining carbon
revenue to this purpose. If they are taxable,
we estimate that roughly 24 cents on the dividend
dollar will flow back to government in
the form of federal and state taxes (Boyce and
Riddle 2008). With 80% of the total revenue distributed
as dividends, this means that taxes
would recycle 19% of total carbon revenue to
government, enough to offset fully the impact of
higher fossil fuel prices on government purchasing
power, with about 5% of total carbon revenues
left over for other purposes.
Taxable dividends are preferable to lower, nontaxable
dividends from the standpoint of distributional
equity
Taxation claims a bigger share
of the dividends in upper-income brackets than
it does from lower-income and middle-income
households. Directly tapping the carbon revenue
to obtain the same amount of money, by contrast,
reduces dividend payments equally to all,
;
a result equivalent to a head tax, one of the
most regressive forms of taxation.
Whatever approach is used to keep government
whole, some formula will be necessary to allocate
carbon revenues amongst state and local
governments. One way to do this, which would
be consistent with the principles of cap-and-dividend,
is to divide revenue among state and
local governments in proportion to their populations,
with equal per capita amounts to each jurisdiction.
As in the case of dividends paid to
individuals, this distribution would protect the
governments’ purchasing power while giving
them incentives to invest in energy efficiency
and clean energy.”