Letter: Economics of pricing carbon are clear
Thank you for your front-page coverage of Sen. Gardner’s visit to Glenwood Springs last week. I was pleased to hear that in addition to being open to dialogue about the Thompson Divide, as you reported, our junior senator is also already pursuing energy efficiency and renewable energy legislation. Gardner responded to my question about climate change legislation by saying he is working on an energy performance contracting bill, as well as other ways to transition away from fossil fuels to cleaner alternatives.
As a volunteer for Citizens Climate Lobby, I hope that rather than piecemeal solutions, Gardner will co-sponsor a bill for the most efficient policy option: carbon fee and dividend. A recent study showed that this free-market tax, which returns all the money to U.S. households, would add 2-3 million jobs to the U.S. economy, grow GDP by over $1 trillion, and save 227,000 lives due to reduced air pollution. And, oh, it will also reduce greenhouse gas emissions 50 percent in 20 years, just in case global warming actually is a problem.
Regardless of what Gardner or anyone else in Congress understands about climate science, the economics of the right price on carbon are clear. Carbon fee and dividend: good for jobs, good for health and, as a nice perk, good for the climate, too.
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