Climate Principles Endorsement

Principles To Guide Effective Climate Policy

Action to protect global climate is vital. We cannot afford to delay. But in the rush to pass something, we must insure that we step forward, not backward. We cannot make perception the enemy of the real.

To help guide our way, we join together to support six core principles that will help us move forward. Our national climate policy must be:

• Effective. Put a price on carbon sufficient to drive down emissions to the levels science indicates we need
• Efficient. Eliminate costs with no direct benefits, and protect the economy from unnecessary costs and distortions
• Fair. Advance social justice & equity, addressing the needs of low-income and displaced workers
• Predictable. Ensure a stable cost trajectory for carbon - avoid excess volatility
• Transparent. Make the program's operations easily understandable and transparent to all parties
• Harmonious. Allow for and encourage the participation of the global community

We come from different organizations - business, environmental, economic, social justice, and others. We may take different approaches and favor different policy options. But we support these principles, and seek to work together to put them into practice.

SIGNED,

SCIENTISTS, ECONOMISTS, ENVIRONMENTALISTS, INVESTORS, AND EXECUTIVES