Let the Market Fight Climate Change
Climate change affects all of us, regardless of education, nationality or beliefs. But we can do something about it and not hurt our economy.
Since 75-80% of carbon dioxide emissions are from fossil fuels, working to reduce fossil fuel use will make a meaningful difference. Putting a price on carbon emissions will do that. And many will profit — not just environmentally — but also financially.
The scientific evidence that the climate is changing because of increasing greenhouse gases is very convincing. The evidence is growing that shows human activities are the primary cause.
Carbon tax or cap-and-trade? Both have been tried, both have some advantages, and can be used either separately or in combination.
Revenue Use Options
Revenue from cap and trade or a carbon tax will accrue. How should that revenue be spent? Options range from government programs for mitigation and adaptation to returning the revenue by lowering other taxes, and a host of options in between.
Now is the time to make it plain that we need a price on carbon. Show your support, talk it up, make some noise, and VOTE!
Fossil fuel investments are falling while investments in renewables are taking off. Down: Global investments in oil and gas exploration and production — the largest sector for energy investment — totaled $583 billion in 2015 , but that is a drop of 25%. A further 24% drop is estimated for 2016 according to Hart’s E&P. Up: […]Continue Reading ...
California is pushing the limits to reduce greenhouse gas emissions. In the session just closed, the State Legislature passed two bills to reduce emissions to 40% below 1990 levels by 2030 – SB 32 (F. Pavley) requiring the change, and its companion bill AB 197 (E. Garcia) requiring additional accountability for it and special considerations for disadvantaged communities. Governor Brown […]Continue Reading ...
Congressional Republicans and climate change. You know what Republicans think, right? Not so fast. Some Congressional Republicans are moving away from the party line to proactively reach toward a clean energy future. This is an excellent opportunity – both economically and politically . In recent years, many conservatives and Republicans have individually spoken out on the importance of action on […]Continue Reading ...