Home » Carbon Fee
Category Archives: Carbon Fee
I was “in” the fossil fuel industry for years, so I know a little bit about it. They have been very successful in meeting our energy needs – which is great. They have accomplished this because we helped them to meet our energy needs. The Federal government helped out the fossil fuel industry by incentivizing them to a great deal. That is how corporate socialism works. But let’s all acknowledge that we and the fossil fuel companies have been getting away with dumping their/our combustion waste products into the air for free for over 100 years. This may have been understandable and beneficial when there were far fewer people on the Earth. Today this practice has caught up with us and we are now severely damaging our health, our economy, and our future.
Fortunately, there are other economical and cleaner energy options available to us today. We can stop burning these valuable resources and either use them for other purposes or keep them in the ground as a strategic resource in case we need them in the future. Hopefully, by then we will have learned how to use them with less harmful effects to our health and our future.
One way to accomplish a transition from our current, near total dependence on fossil fuels to a much greater use of clean and renewable energy alternatives is to implement a national “carbon cap” or a “carbon fee” to pay for the real and hidden costs to society of using these dirty fuels. Applying true costs to fossil fuel usage will allow the market to implement a smooth transition to alternatives. Last year we saw the majority of economists across the political spectrum endorse this strategy. After many years of debate they have concluded that “a carbon tax offers the most cost-effective lever to reduce carbon emissions at the scale and speed that is necessary”. They went on to say that “by correcting a well-known market failure, a carbon tax will send a powerful price signal that harnesses the invisible hand of the marketplace to steer economic actors towards a low-carbon future”.
What are we waiting for? We just need to do it. Even Exxon/Mobil has supported this approach – of course the devil is in the details… the speed that the fee is implemented will be hotly contested. But the first thing we need to do is to get all the voices at the table to encourage the passage of one of these macro-economic tools ASAP. To get involved you can join/support the Citizens Climate Lobby, Sierra Club, Environmental Defense Fund, The Nature Conservancy, or others and keep pushing your representatives to support the passage of one of these carbon emission solutions (bills). This needs to happen now and we need to hold our representatives in DC accountable. I hope that each of you will get even more active today and then vote with climate issues foremost in your mind.