Letter: Meaningful action to mitigate climate change

Published: 10/21/2019 12:01:10 AM

In a recent op-ed, Rep. Annie Kuster wrote: “It is not too late to take steps to mitigate the impact of climate change, but we must take meaningful action now.”

Effectively addressing climate change will require more than individual actions nudged along with subsidies and incentives. The most powerful approach is to put the costs of climate pollution into the price of fossil fuels to incentivize innovation and emission reductions throughout the economy.

This does not necessarily require raising taxes.

Meaningful action requires informed citizens and courageous members of Congress working together. The Carbon Fee and Dividend policy avoids raising taxes by charging a steadily increasing fee on the production of fossil fuels based on their pollution and rebating all the money collected back to households equally each month. It rapidly reduces climate pollution while protecting household purchasing power, helping the poor and growing jobs.

U.S. companies are protected with border carbon adjustments, also giving the solution a global reach. The bipartisan Energy Innovation and Carbon Dividend Act of 2019 (H.R. 763) uses this approach and will reduce U.S. emissions by 40% by 2030 and 90% by 2050.

We need to reduce climate pollution for our health, economy and a safe future. By putting a high price on climate pollution and rebating all the money collected to households, we can take meaningful action on climate change right now.

Our members of Congress will support H.R. 763 when enough of us ask them to do so: cclusa.org/write/.



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