How Much Will Carbon Pricing Cost?
One of the biggest questions for small businesses is how much carbon pricing will cost their business and their customers. A variety of factors make it difficult to determine exact amounts of potential costs. However, this carbon offset pricing calculator developed by Appalachian Offsets can give brewers an estimate of future costs with a $20/ton price on carbon. Brewers can also expect to pass along these minimal rise in costs as well as offset these potential costs with revenue increases from a national dividend that will help to grow certain industries (i.e. beverage industry) as illustrated in this REMI report’s graph: GDP by Manufacturing Industry. There is a cost of action and a cost of inaction!
If you would like to calculate the rise in cost to your consumers please checkout this spreadsheet documenting the cost impact on a 6-pack of beer. It shows a small increase of 3 cents per 6-pack in year 1 and 22 cents per 6-pack in year 10 — again a very small rise in cost to achieve an expected 40% decrease in national emissions!
You can learn more about this win-win for brewers by visiting the Business Climate Leaders Brewers’ Declaration that supports the Energy Innovation and Carbon Dividend Act (EICDA). The EICDA legislation starts out at $15/ton the first year and increases $10/ton every year thereafter, so the calculator below will calculate the average cost of the first two years if this carbon fee & dividend legislation is passed. START by filling in the number of barrels produced under the “Breweries” section below as well as the energy, transportation, food and waste sections as applicable. Then if you would like to support this legislation, go ahead and sign the Brewers’ Declaration listed below.
BCL is grateful to Appalachian Offsets who developed this calculator and has allowed us to use it for our purposes. They are based in Western North Carolina and work to provide a local solution to global pollution that funds clean energy projects for local WNC schools and nonprofits. If you would like to contribute to their cause by paying for carbon offsets you can enter in this same data on their Business Carbon Offset Calculator page.
If you would like to support climate action and carbon pricing efforts please join your fellow brewers and maltsters by endorsing this federal bipartisan climate solution:
2 easy steps to offset:
Calculate your carbon footprint and offset your emissions.
Get started as: Individual or Business
Donate any dollar amount of your choosing to help others.
Instead of offsetting a specific amount of emissions with the calculator, you can also donate a custom amount or recurring monthly amount.
Make Custom Donation