Climate XChange (CXC), a Boston-based nonprofit (501c3) organization providing education, research and other support to promote carbon pricing in Massachusetts and many other states (full disclosure: I am Vice Chair of the Board), just launched its third Carbon Pricing Awareness Raffle (CPAR)!
- In 2015, we sold 1747 of 2000 tickets and gave away a Model S and five other prizes.
- In 2017, we sold out all 2500 tickets and gave away a Model X, two first-day Model 3 reservations with plenty of cash, and three cash prizes.
So we thought it was time to go BIGGER - this year, we will give away three (3!) (THREE!) Teslas!
As we have done for every raffle, we also pay the Federal withholding tax on your expensive Prize! That’s huge, so you don’t have to come up with tens of thousands of dollars IN ADVANCE to pay a tax debt before you even get the car! We’re going to make that withholding tax payment on the Winner’s behalf for **all THREE cars**! But wait… it turns out that there’s also a Massachusetts withholding tax to pay on an expensive Prize! And we will pay THAT, too, on the Winner’s behalf. Thousands of dollars more that we take off your plate and move to ours.
So that’s THREE Teslas with THREE sets of tax payments so that THREE Winners will get in their new cars and just drive away without a care in the world!
We will sell NO MORE than 4,000 tickets for this raffle. First time we held the raffle, we only sold 1747 out of 2000 tickets. Second time, 2500 out of 2500 - we sold out early.
Because your ticket gives you THREE chances to win a Tesla — Grand Prize, Second Prize and Third Prize are all Teslas! — your odds of winning a Tesla are the BEST they’ve ever been in our raffle!
AND you get to claim a Federal EV tax credit of up to $3750 (drawing will be January 1, 2019) and any applicable state credits or rebates. Don't like how we've spec'ed them? Apply your tax credit, state rebate and/or trade-in to upgrade a prize, change or reduce options. Even buy a Tesla loaner or Certified Pre-Owned if you like! Or choose an alternative cash prize - but then we don't pay the tax.
WHY are we doing this? To fund our efforts as a member of the carbon pricing coalition in Massachusetts, and in our role as organizer of the State Carbon Pricing Network, including MD, NY and 14 other states. It’s clear to us and many others that the US, as the largest per capita carbon emitter, needs to take action to protect our climate, and that it’s up to states, cities, businesses and individuals to do so. And we know that if one or more states enact carbon pricing, we will set in motion a domino effect - in fact several states have proposed legislation that would enact carbon pricing as soon as neighboring states do so.
WHY carbon pricing? The short answer is that carbon pricing is a market-based mechanism to shift behavior by causing carbon-emitting actions to bear as a cost at least some of their negative impacts to the environment and society. There are many permutations, but most invest some of the proceeds in carbon avoidance, and return some of the proceeds to individuals and businesses to avoid regressive or other adverse impacts. Studies funded in whole or in part by Climate XChange have shown that carbon pricing drives economic growth by shifting $ to local businesses like solar, wind and energy efficiency that provide local jobs (Full Study from CXC Staff Expert: Analysis of Carbon Pricing in Massachusetts | Climate XChange). They have also shown an unexpected but major benefit both economically and morally: a reduction in deaths due to cardiac and respiratory health impacts of air pollution — something that affects all of us, but may affect the less well-off most of all (Health Co-benefits of a Carbon Pricing Bill in Massachusetts | Climate XChange). And there are successful examples, such as British Columbia’s implementation of a carbon fee-and-rebate system in 2008 (The British Columbia Success | Climate XChange). For additional detail, you might want to read this (The Basics | Climate XChange).
Now back to the raffle. If you’ve watched or participated in our two previous Carbon Pricing Awareness Raffles, you know that we are very excited to GIVE AWAY TESLAS! Some of us are Tesla owners ourselves. It’s a truly awesome car from an amazing company and obviously it’s the best car to illustrate the benefits of de-carbonized transportation. That’s why we’re giving away THREE Teslas this time — MORE TESLAS! We’ve deliberately designed this raffle to achieve the best odds ever of winning one of these cars: 1332:1. Buying a single ticket gives you THREE chances to win!
And even if you don’t win, you still win, because your $250 ticket (or two, or three, or ten…) proceeds go to help enable these efforts to protect our planet. Please note that ticket price is not tax-deductible, because even though Climate XChange is a 501c3 nonprofit, your ticket has value as a raffle chance so it is not considered a donation for tax purposes.
If you want to learn about our previous raffles, click on 2017 CPAR and 2015 CPAR.
If you want to buy tickets, go to climatexchangeraffle.org or carbonraffle.org - they both go to the same place, but the latter is easier to say over the phone, write on bumper stickers, etc. The 2018 CPAR raffle site and CXC's new overall website are now live! Ticket sales end December 31 — or when we run out of tickets. And the drawing will be on New Year’s Day, 2019. Unfortunately for some of you out there, this raffle is only open to U.S. citizens and residents 18 and older for legal and tax reasons. See additional details on the raffle site.
Finally, if you want to discuss the raffle, you’ve come to the right place…
Please buy lots of tickets, share with your friends and family, etc. They make great holiday gifts - or for birthdays, weddings, belated graduations, Thanksgiving, Halloween, …
And good luck!
Some details:
- In 2015, we sold 1747 of 2000 tickets and gave away a Model S and five other prizes.
- In 2017, we sold out all 2500 tickets and gave away a Model X, two first-day Model 3 reservations with plenty of cash, and three cash prizes.
So we thought it was time to go BIGGER - this year, we will give away three (3!) (THREE!) Teslas!
As we have done for every raffle, we also pay the Federal withholding tax on your expensive Prize! That’s huge, so you don’t have to come up with tens of thousands of dollars IN ADVANCE to pay a tax debt before you even get the car! We’re going to make that withholding tax payment on the Winner’s behalf for **all THREE cars**! But wait… it turns out that there’s also a Massachusetts withholding tax to pay on an expensive Prize! And we will pay THAT, too, on the Winner’s behalf. Thousands of dollars more that we take off your plate and move to ours.
So that’s THREE Teslas with THREE sets of tax payments so that THREE Winners will get in their new cars and just drive away without a care in the world!
We will sell NO MORE than 4,000 tickets for this raffle. First time we held the raffle, we only sold 1747 out of 2000 tickets. Second time, 2500 out of 2500 - we sold out early.
Because your ticket gives you THREE chances to win a Tesla — Grand Prize, Second Prize and Third Prize are all Teslas! — your odds of winning a Tesla are the BEST they’ve ever been in our raffle!
- Grand Prize is a Model X, Model S or Model 3 Performance+ AND those withholding tax payments. Total outlay by Climate XChange for the Grand Prize winner will be: $128,233
- Second Prize is a Model 3 All-Wheel Drive / Long Range Battery / Premium Interior AND those withholding tax payments. Total outlay by Climate XChange for the Second Prize winner will be: $84,215
- Third Prize is a Model 3 Rear Wheel Drive / Standard Battery AND those withholding tax payments. Total outlay by Climate XChange for the Third Prize winner will be: $56,893
AND you get to claim a Federal EV tax credit of up to $3750 (drawing will be January 1, 2019) and any applicable state credits or rebates. Don't like how we've spec'ed them? Apply your tax credit, state rebate and/or trade-in to upgrade a prize, change or reduce options. Even buy a Tesla loaner or Certified Pre-Owned if you like! Or choose an alternative cash prize - but then we don't pay the tax.
WHY are we doing this? To fund our efforts as a member of the carbon pricing coalition in Massachusetts, and in our role as organizer of the State Carbon Pricing Network, including MD, NY and 14 other states. It’s clear to us and many others that the US, as the largest per capita carbon emitter, needs to take action to protect our climate, and that it’s up to states, cities, businesses and individuals to do so. And we know that if one or more states enact carbon pricing, we will set in motion a domino effect - in fact several states have proposed legislation that would enact carbon pricing as soon as neighboring states do so.
WHY carbon pricing? The short answer is that carbon pricing is a market-based mechanism to shift behavior by causing carbon-emitting actions to bear as a cost at least some of their negative impacts to the environment and society. There are many permutations, but most invest some of the proceeds in carbon avoidance, and return some of the proceeds to individuals and businesses to avoid regressive or other adverse impacts. Studies funded in whole or in part by Climate XChange have shown that carbon pricing drives economic growth by shifting $ to local businesses like solar, wind and energy efficiency that provide local jobs (Full Study from CXC Staff Expert: Analysis of Carbon Pricing in Massachusetts | Climate XChange). They have also shown an unexpected but major benefit both economically and morally: a reduction in deaths due to cardiac and respiratory health impacts of air pollution — something that affects all of us, but may affect the less well-off most of all (Health Co-benefits of a Carbon Pricing Bill in Massachusetts | Climate XChange). And there are successful examples, such as British Columbia’s implementation of a carbon fee-and-rebate system in 2008 (The British Columbia Success | Climate XChange). For additional detail, you might want to read this (The Basics | Climate XChange).
Now back to the raffle. If you’ve watched or participated in our two previous Carbon Pricing Awareness Raffles, you know that we are very excited to GIVE AWAY TESLAS! Some of us are Tesla owners ourselves. It’s a truly awesome car from an amazing company and obviously it’s the best car to illustrate the benefits of de-carbonized transportation. That’s why we’re giving away THREE Teslas this time — MORE TESLAS! We’ve deliberately designed this raffle to achieve the best odds ever of winning one of these cars: 1332:1. Buying a single ticket gives you THREE chances to win!
And even if you don’t win, you still win, because your $250 ticket (or two, or three, or ten…) proceeds go to help enable these efforts to protect our planet. Please note that ticket price is not tax-deductible, because even though Climate XChange is a 501c3 nonprofit, your ticket has value as a raffle chance so it is not considered a donation for tax purposes.
If you want to learn about our previous raffles, click on 2017 CPAR and 2015 CPAR.
If you want to buy tickets, go to climatexchangeraffle.org or carbonraffle.org - they both go to the same place, but the latter is easier to say over the phone, write on bumper stickers, etc. The 2018 CPAR raffle site and CXC's new overall website are now live! Ticket sales end December 31 — or when we run out of tickets. And the drawing will be on New Year’s Day, 2019. Unfortunately for some of you out there, this raffle is only open to U.S. citizens and residents 18 and older for legal and tax reasons. See additional details on the raffle site.
Finally, if you want to discuss the raffle, you’ve come to the right place…
Please buy lots of tickets, share with your friends and family, etc. They make great holiday gifts - or for birthdays, weddings, belated graduations, Thanksgiving, Halloween, …
And good luck!
Some details:
- Three Tesla Prizes, spanning Model X, Model S and Model 3
- Each Prize accompanied by Federal withholding tax and Massachusetts withholding tax payments, saving the Winners tens of thousands of dollars.
- Ticket price: $250
- Max tickets: 4000
- Launch date: September 12, 2018.
- Drawing: January 1, 2019 in Boston, MA. You need not be present to win.
- Eligibility: open to US citizens and legal residents 18 and older.
- Webcast: yes, we will webcast the drawing.
- Climate XChange legal facts: IRS-recognized Massachusetts-incorporated 501(c)(3)nonprofit, Climate XChange Education and Research, Inc., registered with the Massachusetts Attorney General's Office and with the Massachusetts Secretary of State. We operate the Carbon Pricing Awareness Raffle under the General Laws of the Commonwealth of Massachusetts, Part IV, Title I, Chapter 271, section 7A as further clarified by the Massachusetts Attorney General's Regulations Governing Raffles, 940 CMR 12.00 - 12.06. You can find further legal details and links at climatexchangeraffle.org
- Climate XChange is neither affiliated with nor sponsored by Tesla, Inc. Although we love them!
