As Advertised In P2JW171000-4-A006B0-1--------WO Tuesday, June 20, 2017 A6B Tuesday, June 20, 2017 THE WALL STREET JOURNAL. * * * * PAID ADVERTISEMENT THE CONSENSUS CLIMATE SOLUTION The Founding Members of the Climate Leadership Council believe that America needs a consensus climate solution that bridges partisan divides, strengthens our economy and protects our shared environment. The Council's carbon dividends solution embodies the conservative principles of free markets and limited government. It also offers an equitable, popular and politically-viable way forward, paving the way for a much-needed bipartisan climate breakthrough. Our carbon dividends program is based on four interdependent pillars: 1. 2. 3. 4. A gradually rising and revenue-neutral carbon tax; Carbon dividend payments to all Americans, funded by 100% of the revenue; The rollback of carbon regulations that are no longer necessary; and Border carbon adjustments to level the playing field and promote American competitiveness. This plan would achieve significantly greater emissions reductions than all current and prior climate regulations, while helping America's businesses and workers get ahead. In fact, the bottom 70% of Americans would be financially better off. Our carbon dividends solution is: Pro-Environment, Pro-Growth, Pro-Jobs, Pro-Competitiveness, Pro-Business and Pro-National Security. Working with a range of constituencies, the Climate Leadership Council will develop and promote a consensus climate solution based on these pillars. Corporate Founding Members NGO Founding Members Individual Founding Members Michael Bloomberg Steven Chu Ray Dalio Martin Feldstein Ted Halstead Stephen Hawking Vinod Khosla N. Gregory Mankiw Gregory Page Laurene Powell Jobs Thomas Stephenson Lawrence Summers Ratan Tata Rob Walton Distinguished Co-Authors James A. Baker, III George P. Shultz To learn more visit: www.clcouncil.org Watch our TED Talk: go.ted.com/tedhalstead Paid for by the Climate Leadership Council