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Epilogue: The Future Act of 2018: New U.S. Law Provides Unlimited Tax Credits to Remove CO2 from Air

In: Reversing Climate Change How Carbon Removals can Resolve Climate Change and Fix the Economy

Author

Listed:
  • Graciela Chichilnisky
  • Peter Bal

Abstract

On November 2017, the new film “Carbon Negative” was successfully screened in New York City. The film was produced by Patrick Furlotti and John Stember, and directed by this book’s Emmy Award-winning director Paul Atkins; in it one of this book’s authors, Graciela Chichilnisky, explains the global risks we face and the policy implications of carbon negative technologies, including Global Thermostat’s, with its unique ability to remove massive amounts of CO2 from the atmosphere at low cost, effectively reversing global climate change as the U.N. IPCC says is now needed. The New York film screening was followed by a successful Q&A conducted by Chichilnisky. She was approached by Wil Gregersen, who works with Rhode Island Senator Jeanine Calkin (D-RI). Senator Calkin invited Chichilnisky to Rhode Island for a similar film screening followed also by a Q&A, to take place at the prestigious Rhode Island School of Design in Providence; Senator Calkin also arranged a brief presentation by herself and Chichilnisky at the Rhode Island Senate Chambers on how Global Thermostat and its unique technology could further Rhode Island’s own sustainability goals. It turned out that Sustainability was a hot legislative issue in the U.S. state of Rhode Island…

Suggested Citation

  • Graciela Chichilnisky & Peter Bal, 2020. "Epilogue: The Future Act of 2018: New U.S. Law Provides Unlimited Tax Credits to Remove CO2 from Air," World Scientific Book Chapters, in: Reversing Climate Change How Carbon Removals can Resolve Climate Change and Fix the Economy, chapter 12, pages 304-307, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814719360_0012
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    More about this item

    Keywords

    COP21; Climate Change; UNFCCC; Carbon Negative Technology;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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