GEI Receives $180,000 Grant for Project to Prevent New Fossil Fuel Investment and Infrastructure Development
October 15, 2018
GEI has received a 3-year grant for a new project that will identify the best legal and policy avenues to increase the near-term costs of fossil fuels as a means of preventing new fossil fuel infrastructure development and quickly transitioning to zero-carbon resources. There have been many excellent and innovative fossil fuel pricing proposals developed by economists, advocates, and social scientists, including proposals to create climate risk bonds and reform subsidies, but they are not usually tailored to fit within the existing legal system. Our project would seek to align the best pricing strategies with a clear legal strategy for effective implementation. Our project will focus on the Pacific Northwest for starters, but we have ambitions to expand the scope of the research in the future. Stay tuned for more information!