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Somebody just pointed out... what are you folks going to do with the funds?
Well... turns out the answer is right there on the website... as long as you don't mind drilling down just a "tad"...
That information is indeed on the climate-xchange.org/tesla-raffle website but it is located in the Legal Disclosures section, sub-section Disclosures Required by Massachusetts Attorney General Regulations 940 CMR 12.00, section (1)
(j) the exact nature of the charitable purpose for which the proceeds will be used;
Climate XChange Education and Research, Inc., focuses on education and advocacy for enacting carbon-pricing legislation in Massachusetts. The Raffle’s net proceeds will be used for 501(c)(3)-compliant activities in support of this mission.
One could argue that this information is not obvious to the casual reader of the website. :-(
Maybe we need something more prominent?
Umm... well.... since this happens to be on my mind, and I saw where a couple of nice TMCers just posted about buying tickets, I thought maybe I'd point out what we're using the proceeds for.
One example: the Regional Economic Models, Inc. (REMI) report that Jessica, my wife, President of Climate XChange, commissioned a couple of years ago, cost $30K. She took that report to the MA State House at the invitation of Senator Mike Barrett, introduced it (along with the economist who wrote it), and the large hearing room that I expected would feel emptyish when occupied by 20-30 people turned out to be crowded and humid with a packed, standing-room-only crowd plus massive overflow into the hallways... easily 150 people, maybe more. That report led to the MA Department of Energy Resources (DOER) commissioning its own REMI report. That DOER REMI report provided the foundation for Barrett's legislation in this area. And that legislation is working its way through the committee process today.
That's an example of the "education and advocacy" in action. Sadly, it ain't cheap.
Alan
For folks curious about Revenue Neutral Fee and Dividend and how to get involved, the first step is information. The second step is signing up for periodic updates. The third step is spreading the word. This is very grassroots. Here are some great resources:
Dr. Hayhoe June Conference Keynote - YouTube
Carbon Fee and Dividend - Citizens Climate Lobby
Create an Account | CCL Community
This is non-partisan. There are actually a number of Republicans who support this. Bob Inglis is one of my personal favorites, he's a brilliant orator.
"We need to remove the ability to belch and burn for free, without cost, that's the one that causes market distortion..."
My college major was Economics, I really like the free market nature, and the idea of beginning to charge a fee on unpriced externalities caused by using the air and atmosphere as a free garbage dump.
This is a cool way to begin to recover and properly price damage to the commons created by polluting industries in a fair, gradual, and non-disruptive way.
Yeah, that's my logic for buying lottery tickets every now and then. It's not a regular thing, but when the jackpot gets high enough...Purchased a ticket even though I know my odds are near zero. Despite knowing that, I still can't help but imagine myself winning. Still, near zero much better than zero, which was my chance of winning prior to purchasing
Anyone else daily configure a Model S and/or X in hopes of winning this? I don't want to be the only one...
Wasn't the cash raffle in place for the possibility that you sold less than the 867 required to include all prizes? What happens if only 850ish are sold?
Yup.
That was then.
This is now.
Cash raffle is dead.(*)
Doesn't matter how many tickets the raffle has currently sold or will ultimately sell. We're awarding the Tesla and the 5 other prizes. So no one has to worry any more about whether enough tickets have been sold, whether the minimum been met, whether CXC will be able to make the prizes available or will winners have to settle for the cash raffle. All financial issues have been taken care of (with a little help from an anonymous guarantor).
Cash raffle is dead.
Someone WILL WIN a Tesla Model S or X, of $103K base value, plus doc & delivery fee @ $1200, plus $5K towards state vehicle taxes, plus HPWC @ $750, plus electrician @ $500, total $110,450 value. And we will pay the IRS directly on the winner's behalf $36,813 in withholding tax on the Grand Prize. And the Grand Prize winner will be the first owner of the vehicle, thus eligible for the federal tax credit (up to $7500) and any applicate state rebates or credits. Someone WILL WIN THIS PRIZE. And per the raffle rules, we will expect to use the winner's likeness to publicize the win! And no fair using baby pictures, family pets, or children in place of the winner's picture!
Alan
(*)I hate the cash raffle. I hate the cash raffle. I hate the cash raffle.