CarbonSmart

Financing an Ohio renewable-energy transition

Policy & grant program · 2024

Status
Concept proposal
Body of work
Policy & program design
Public format
Authored synopsis
A transition policy can place costs on large-scale emissions while building the workforce and small-business capacity required for a durable clean-energy economy.

CarbonSmart proposes a carbon-emissions tax on large emitters and divides the resulting revenue between two grant programs: support for Ohio students pursuing renewable-energy and sustainability fields, and support for small businesses developing clean-energy or sustainability operations.

Climate policy often treats emissions reduction, workforce preparation, and local economic development as separate projects. That fragmentation weakens both political durability and implementation capacity.

  • Targets high-volume emitters while exempting small and mid-sized operations from the initial tax threshold.
  • Reinvests revenue equally in education and small-business development.
  • Prioritizes underserved and high-emission regions.
  • Connects student support to post-graduation work in Ohio’s clean-energy economy.
  • Developed as a complete tax-and-grant program concept.
climate policycarbon taxrenewable energysmall business

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