In a letter released May 8, President Michael Roth joined 29 other college and university presidents from across the country in endorsing carbon pricing for its economy-wide approach to reducing greenhouse emissions that cause climate change. The letter calls on state and federal lawmakers to proactively work to enact a carbon price at the state and federal level. Roth was one of three leaders, together with the presidents of Swarthmore and Dickinson colleges, to first sign the letter back in February.
“As leaders of higher education institutions, we call upon our elected representatives to act collectively on behalf of current and future generations by putting a price on carbon,” the letter reads. “We work to prepare our students for thriving futures, over which climate change casts a dark shadow of uncertainty. Putting a price on carbon pollution is an indispensable step we can take to effectively combat climate change.”
The complete letter can be found here.
The Higher Education Carbon Pricing Endorsement Initiative is led by Our Climate, a youth-led organization dedicated to empowering the next generation of climate leaders. Our Climate co-leads the #PutAPriceOnIt campaign with the National Geographic documentary series Years of Living Dangerously, and partners with Citizens’ Climate Education to recruit, train, and support student leaders across the country to advocate for carbon pricing.
“At Wesleyan, we place a high priority on reducing our own carbon footprint to do our part to address climate change,” said Roth. “A national price on carbon can be an effective tool to address climate change on a broad scale. Wesleyan is will develop an internal price on carbon to better address the environmental impact of our own energy intensive projects.”
This summer, Sustainability Director Jennifer Kleindienst and Facilities Business Manager Jeff Murphy will be developing an internal method of accounting for the carbon footprint of high-energy-consuming Facilities projects. This internal mechanism will set up a “shadow” price on carbon emissions from projects as a line item in projects’ lifecycle cost analyses, essentially proceeding internally as if national carbon pricing exists. For example, if a project results in a 50-ton carbon emissions increase, and an internal price was set at $40/ton (price is yet to be determined), the shadow cost on carbon for that project would be $2,000. This follows the strategy established in Wesleyan’s 2016 Sustainability Action Plan to reduce the university’s carbon footprint by providing the economic case for higher carbon footprint initiatives, and will prepare Wesleyan for the possibility of future national carbon pricing.