PRICING CARBON INITIATIVE INC
Programs
Pricing Carbon Initiative Network
THE PRICING CARBON INITIATIVE (PCI) NETWORK -- PCI builds trust and long-term engagement amongst a diverse group of conservative, centrist, and progressive organizations in Washington DC and across the country that address climate-change issues. This bipartisan network currently includes over 125 stakeholders representing environmental, business, labor, social justice, religious, and other issue-oriented advocacy organizations, as well as both conservative and progressive think tanks. It is not a coalition that unites around specific policy proposals. Instead of advocating for proscriptive solutions, PCI aims to spark transformative insights within its network on how best to facilitate bipartisan strategies to achieve reductions in carbon emissions, while addressing both equity and effectiveness issues. PCI's diverse participants agree to three basic principles: 1) climate change is a serious existential threat to a healthy planet, 2) pricing is a necessary ingredient for effective policies and 3) participants in the Pricing Carbon Dialogues will adhere to the Chatham House Rule (CHR) of confidentiality. This CHR protocol has infused the PCI discussions with a sense of bipartisan candor, trust and cordiality that participants value and have not found elsewhere. --- HIGHLIGHTS of PCI EVENTS in 2023 -- JANUARY 26: a day-long in-person Pricing Carbon Dialogue. After three years of meeting virtually, necessitated by pandemic restrictions, PCI finally returned to meeting in-person. It was a day-long dialogue in Washington DC at the Brookings Institution, which also co-hosted the event. It included 95 members of PCI's network, 39 of whom were virtual participants, making it a hybrid event. The focus was on current challenges and opportunities at the federal level informed by two recent initiatives: the U.S. Inflation Reduction Act (IRA), which President Biden signed into law in August 2022 and the soon-to-be-implemented E.U. Carbon Border Adjustment Mechanism (CBAM) program. The IRA was arguably the most significant domestic climate legislation to date. But, with the exception of the methane fee (an important development in the realm of pricing carbon), the provisions of the IRA were mostly green incentives: carrots. Might these carrots be an opening for complementary sticks (carbon pricing) to spur the process forward? Might CBAM set the standard for similar trade measures in the U.S.? The lively program that ensued included two morning panels, a keynote discussion between two leading GOP Congressmen on climate issues (one former and the other current), breakout sessions (one was for the virtual participants), debriefs from the different break-out sessions, and a final review of the day's events and likely priorities for the coming year. As has been PCI's tradition for such gatherings, significant time was set aside for informal discussions and networking during breaks, a luncheon, and a reception at the end the day. Among the subgroups, the one that garnered the most interest was the one on CBAMs. Given the advent of the divided 118th Congress, necessitating bipartisan support for any new legislation to pass, participants agreed that this was the most promising direction for new climate legislation. Overall, this event set the stage for PCI's subsequent work and events in 2023-- MAY 15 and 16: a two-day retreat on carbon border adjustments. Key stakeholders met to explore such options at the Claggett Center, in Adamstown, MD (near Washington DC). The retreat goals were to: a) review the landscape, b) explore areas of convergence and divergence on CBAMs and related issues, c) discuss options for building CBAM bipartisan support, and d) strategize on how to proceed. These discussions set the stage for a PCI subgroup to follow up on these issues for the remainder of the year, largely as a "convener of conveners," sharing information and connecting individual silos of diverse groups already meeting to discuss how best to promote carbon border adjustments in the U.S-- MAY 18: a virtual public forum with Sen. Sheldon Whitehouse and Christina DeConcini, Director of Government Affairs for the World Resources Institute and chair of PCI's board. They discussed the Senator's Clean Competition Act and his perspectives on the viability of U.S. carbon border adjustments. A panel discussion followed that addressed how the EU CBAM may be influencing border adjustment measures being proposed on Capitol Hill, and how it could impact U.S. industry and world trade. The Center for Climate and Energy Solutions (C2ES) was PCI's virtual cohost for the event. -- SEPTEMBER 13, PCI held a Chatham House Rule (CHR) dialogue with a high-ranking elected official in Washington State on the effectiveness of carbon pricing mandated by the WA Climate Commitment Act. Those remarks were followed by a panel discussion on how similar measures were playing out in other states. OCTOBER 31: a second CHR dialogue on state initiatives. This dialogue featured an interview with a high-ranking official on the California Energy Commission who discussed CA's cap-and-trade program, transportation electrification, offshore wind development, building electrification, energy storage, environmental justice, innovation, and climate legislation. The panel discussion that followed was on how those measures were playing out in other states. -- DECEMBER 19: a CHR dialogue on international and domestic climate policy developments. The focus was on how policy elements at the just-completed COP28 interact with current domestic legislative proposals at the federal level, particularly those involving carbon border adjustments. Panelists discussed relevant developments that had taken place on Capitol Hill over the year, the obstacles and opportunities they saw looking ahead both for the remainder of the 118th Congress and under various scenarios that might emerge after the 2024 elections.GeographiesNot indicatedDatesJan 1, 2023 – Dec 31, 2023Source990No causes providedNo populations provided–$120.4K
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)