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Momentum building for revenue-neutral carbon tax in Norwalk

Zoe Greszler • Aug 24, 2018 at 10:29 AM

With the latest polling from Yale showing that 68 percent of U.S. adults support a revenue-neutral carbon tax, Congress has historic, nationwide support to act on climate, Citizens’ Climate Lobby (CCL) said recently. That support is evident here in Ohio’s 4th Congressional district as well.

Last week, the Yale Program on Climate Change Communications updated its Climate Opinion Maps with data that included responses to 14 new questions. One of those questions asked respondents if they “support taxing fossil fuel companies while equally reducing other taxes.” Nationwide, 68 percent said they would support this type of revenue-neutral carbon tax. Only 29 percent were opposed.

Breaking down the Yale data by congressional district, support for a revenue-neutral carbon tax in Ohio’s 4th Congressional district is 65 percent. Support for such a tax in the immediate Norwalk area is 64 percent.

“People in the Norwalk area are starting to see the impact of climate change on their lives in the form of toxic algae in Lake Erie and increasing local tick populations,” said John Sabin, leader of the Oberlin chapter of Citizens’ Climate Lobby. “They want Congress to take action and when they hear there’s a solution that puts money in their pocket, they see it as a win-win.”

Citizens’ Climate Lobby has been lobbying for a national policy that places a rising fee on carbon and returns the proceeds equally to all households.

“The Yale poll shows we’re approaching the tipping point for the political will to enact a market-based solution to climate change like Carbon Fee and Dividend,” CCL executive director Mark Reynolds said.

“The American public sees that we don’t have to choose between protecting the economy and preserving a livable climate. We can do both by pricing carbon and returning the revenue to households.”

A study released in 2014 from Regional Economic Models, Inc., examined a fee on the carbon-dioxide content of fuels that started at $10 per ton of CO2 and rose $10 per ton annually. Revenue from the fee would be returned equally to all households as a monthly payment. The REMI study found that after 20 years, carbon emissions would decline to 50-percent below 1990 levels. Over that same time, the policy would add 2.8 million jobs to the economy.

The Yale poll exposes a gap between the views of constituents and their representatives in Congress. Last month, the U.S. House passed a resolution, mostly along party lines  expressing the sense “that a carbon tax would be detrimental to American families and businesses.”

“The assumptions in that resolution were flat-out wrong, and the Yale poll shows that a large majority of Americans aren’t buying that false narrative,” Reynolds said.

Although the views of federal lawmakers on climate change continue to lag behind their constituents, progress is being made. There are now 86 members in the bipartisan Climate Solutions Caucus in the House, which is evenly divided between Republicans and Democrats. Ohio Representatives David Joyce (R-OH-14) and Marcy Kaptur (D-OH-9) are on the caucus.

“We now have 43 Republicans in the House who concur that human-caused climate change is happening and that Congress needs to be working on solutions,” Reynolds said. “Three years ago you could count the number of Republicans in that camp on one hand.”

 

Milan’s Strayer new sports tourism manager

SANDUSKY — Milan native Weston Strayer has joined the Lake Erie Shores & Islands group accounts team as sports tourism manager.

In this newly-created position, Stayer will sell the destination to sports events rights holders, coaches and families in a manner that maximizes economic impact and increases hotel occupancy. Additionally, he will support and grow existing events, build stronger relationships with partners, maintain the leisure sports calendar and attend sports-related tradeshows.

Strayer is a graduate of Edison High School and The Ohio State University (both undergraduate and graduate degrees). He previously worked with the basketball team at Ohio State under former head coach Thad Matta and coached at Lake Superior State and Radford universities. Most recently he has worked in commercial insurance.

Strayer has a passion for sports, marketing and the Lake Erie Shores & Islands region. One of his first official duties will be to attend the Connect Sports Marketplace this month.

Strayer will be based out of the Sandusky location of Lake Erie Shores & Islands and can be reached at [email protected]

 

Sandusky man named top wealth adviser

SANDUSKY — Merrill Lynch announced financial adviser Dustin Ness has been recognized on Forbes’ 2018 “America’s top next-generation wealth advisers” list, published on July 25. In all, 247 Merrill Lynch advisers are included on this year’s list, the most of any firm.

“We believe Dustin exemplifies what it means to be a leader in the wealth management space,” market executive Edward Luecke said. “He demonstrates a commitment to helping clients achieve their most important life goals. We are proud to congratulate Dustin on being named to this list.”

Advisers considered for this ranking were born in 1980 or later with a minimum of four years of relevant experience. These advisers have built their own practices and lead their teams; joined teams and are viewed as future leadership; or a combination of both. Investment performance is not a criteria because client objectives and risk tolerances vary, and advisers rarely have audited performance reports.

 

 

Delicious new event

Stark Enterprises announced its first portfolio-wide restaurant week throughout Northeast Ohio running Sept. 3 through 9.

More than 40 restaurants will participate within several properties owned by Stark Enterprises in Northeast Ohio, offering different options and menus to choose from to fit everyone’s tastes and preferences. Each participating restaurant, depending on their menu and type of eatery, will offer meals for $10, $20 or $30 compiled from its menu. This entire week celebrates the food scenes at various properties.

Crocker Park in Westlake, Eton Chagrin Boulevard in Woodmere, Portage Crossing in Cuyahoga Falls and The Strip in Canton are just a few of the properties included in Stark Enterprises’ Restaurant Week. For an entire list of restaurants and locations participating and to look at their menus visit starkenterprises.com/events.

 

If you have an item for the business roundup column, send the information to the Norwalk Reflector in care of Zoe Greszler, 61 E. Monroe St., Norwalk, Ohio 44857, or email it to [email protected]

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