LETTER: Congress should put a price on carbon
The Obama administration’s proposal to regulate carbon dioxide from power plants will no doubt please some and upset others.
I see both sides. I believe climate change is one of the greatest challenges facing humanity, so I’m thankful that at least somebody is proposing doing something about it. But I regard the administration’s regulatory plan as only a stopgap measure, made necessary by Congress’s inaction.
I want to encourage our members of Congress — especially Rep. Scott Tipton — to consider legislation that would address the problem more comprehensively by putting a price on carbon. Virtually all economists, on the right as well as on the left, agree that that’s the most efficient and painless way to reduce greenhouse gas emissions.
Citizens’ Climate Lobby, of which I’m a member, is advocating for such legislation. While Congress may be fiddling on climate change for the time being, it’s only a matter of time before it warms to this market-based, nonpartisan and fundamentally fair solution.
Sure, bring on EPA regulation, but I hope Congress soon makes it unnecessary and irrelevant by simply putting a price on carbon.
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