Chris Dodd pushes the energy envelope
The presidential candidate is alone in calling for a carbon tax -- he says voters can "handle the truth."
By Amanda Griscom Little
Read more: Presidential Race, U.S. Senate, Politics, Pollution, News, Global Warming, Climate Change, Renewable Energy, Kyoto Treaty, 2008 election, Chris Dodd, Candidate interviews, 2008 Energy Interviews
Sept. 10, 2007 | Chris Dodd hasn't been out front on environmental issues during his 32 years in Congress, but he's clearly aiming to outgreen his competitors in the 2008 presidential campaign. He has earned props in environmental circles for being the only candidate with the political cojones to call for a corporate carbon tax as a way to fight global warming, and for endorsing a strict fuel-economy standard that would require new cars and trucks to get 50 miles per gallon by 2017. Dodd even ran what was billed as the first presidential candidate ad focused on global warming.
This senator from Connecticut isn't gaining a big boost in popularity from his aggressive environmental stances; he's hovering at 1 to 2 percent in the polls. But will he raise the bar for a strong green agenda in the 2008 presidential race? I called Dodd at his Senate office to find out how much substance there is behind his bold proposals.
For more information on his platform and record, check out this Dodd fact sheet.
What makes your platform stronger than the other candidates'?
Everybody's got the goals right: We're all for energy independence, for dealing with global warming, for increasing job opportunities in the country. The difficulty breaks down in how do you get there. If you're going to truly be effective in reaching those goals, you've got to be very candid about how you get there.
What we've done is laid out a plan that says we'd like to reduce by 80 percent the carbon-dioxide pollutants in our environment by 2050. If that's your goal, then there are two major areas that have to be addressed: transportation and the [electrical] grid.
And how do you move off these polluting technologies, dependency on polluting fuels? We call for a 50-mile-per-gallon standard on automobiles by the year 2017. I'm fully aware of all the questions being raised by people, but I honestly believe this is very doable. We set the standard at 27 mpg in 1984, and we're having a hard time meeting it. In 1984, there was no such thing as a fax machine, a cellphone or the Internet. Every other technology has modernized in 23 years. I just don't buy into the notion that the internal-combustion engine can't be any more sophisticated.
You are the only candidate calling for a carbon tax -- a proposal that some consider political suicide, because you can't make taxes appeal to voters. What are you hearing on the campaign trail about this?
The American people handle the truth very, very well. What they don't handle well is people in public life promising results without talking about what has to be done to get those results.
We're talking about a corporate carbon tax that would generate $50 billion a year, with the likely cost passed on to consumers being about 10 cents per gallon of gasoline. My argument is, yeah, this is not inexpensive, but look what's happening to prices today, under the status quo. Gasoline is about $3 a gallon on average across the country. Many think it's going to go to $4 or $4.50 a gallon later this summer. So prices are going up a lot more than the 10 cents a gallon we're talking about.
Even if your prices were not going up that high, we spend about $300 billion a year to purchase fossil fuels offshore. About $100 billion goes to countries who are very hostile to our interests. So the status quo is both dangerous and costly.
Do you have any anecdotes from the campaign trail where you talk to voters about this and they say, "Hey, I get it"?
Yeah, they do. It takes you more than a bumper sticker to say it, so if you're looking for bumper stickers I don't have one yet for you. But I'm finding a very strong reaction to it. People are recognizing that this makes sense from a health standpoint, an environmental standpoint, a national security standpoint, a job creation standpoint.
How will the revenues of your proposed carbon tax be spent?
They'll be placed into a Corporate Carbon Tax Trust Fund to fund fast-tracked research, development and deployment of renewable technologies such as wind, solar, ethanol and other biofuels. It will also expedite the process for bringing energy-efficient technologies to market and ensure energy-efficient products such as bulbs and household appliances are price competitive, and it will offer tax credits on hybrids and other clean and efficient automobiles to make these cars affordable for all Americans. Being wealthy should not be a prerequisite to living green.
Do you believe nuclear power has a role to play in America's energy future?
I understand the safety and security concerns with nuclear power and share many of them -- I live three miles away from a nuclear power plant. But nuclear power is an option to reduce global warming, which I don't believe we can afford to take off the menu of options, not when we rely on it for close to one-quarter of our power.
However, the nuclear waste generated is an environmental hazard that I'm deeply concerned about. While the temporary solution of storing waste in dry casks may be safe, we must find a resolution to long-term concerns. We must invest in R&D to develop safe and secure ways for permanent disposal that will protect our environment, our water supply and our country's national security. We are not alone in this pursuit, and as president I will join forces with our allies around the world facing the same problem.
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