Understanding Business Influence on Carbon Policy

The transcript discusses the role of businesses in influencing Congress to adopt effective carbon pricing strategies. It highlights the preference of business leaders for a predictable carbon price over cap-and-trade systems, which are seen as unstable. The text also mentions the support from some industries, including Exxon Mobil, for a carbon tax and dividend approach, despite potential public skepticism. The overall message is that businesses need a clear and stable policy framework to make informed investment decisions in energy efficiency and carbon-free technologies.

What role do businesses play in influencing Congress according to the video?

• They only focus on their profits.

• They ignore Congress completely.

• They pressure Congress to implement necessary changes.

• They seek special favors from Congress.

Why do business leaders prefer a predictable carbon pricing model?

• It allows them to plan and invest in carbon-free initiatives.

• It is more profitable in the short term.

• It requires less government intervention.

• It is easier to implement than cap and trade.

What is necessary for energy efficiency to work effectively according to the video?

• Increased fossil fuel usage.

• Government subsidies.

• A carbon price.

• A cap and trade system.

Which system do some industries prefer over cap and trade?

• Carbon tax and dividend.

• Abolishing carbon pricing.

• Increased fossil fuel usage.

• Government subsidies.

Why is the support from Exxon Mobile's CEO for a carbon tax considered controversial?

• Exxon Mobile is against any form of carbon pricing.

• Exxon Mobile has always supported cap and trade.

• Exxon Mobile has been a major producer of carbon dioxide.

• Exxon Mobile is a small company.

What is the general preference of businesses regarding carbon pricing?

• They prefer a cap and trade system.

• They prefer a predictable carbon pricing model.

• They prefer government subsidies.

• They prefer no carbon pricing at all.