It’s the climate solution you’ve probably never heard of. It would reduce our carbon emissions by 40% within 12 years and by 90% by the year 2050. It would protect low- and middle-income households from price increases while strengthening our economy. It’s revenue-neutral and wouldn’t create big government programs. It has bipartisan support and 59 congressional cosponsors.
The Energy Innovation and Carbon Dividend Act (H.R. 763) would implement a carbon fee and dividend policy: a steadily rising price on fossil fuels would be charged to oil, gas, and coal companies, and all of the revenue would be returned to U.S. residents as a monthly payment.
Increasing the cost of fossil fuels would discourage their use, reduce carbon emissions and help us transition to a clean-energy economy. The dividend would offset increased prices for nearly all low-income households and for most households of all income levels. You would be free to spend your dividend any way you wish.
You can learn all about the plan at an event sponsored by Citizens’ Climate Lobby: “How Federal Carbon Dividends Can Help Solve the Climate Crisis” to be held at the Corvallis-Benton County Public Library main meeting room on Tuesday, Sept. 24, from 6:30-7:30 p.m.
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This event is part of the Corvallis Climate Action Alliance Week of Action Sept. 20-27. For a full list of events, go to corvallisclimateaction.weebly.com/events/.
Corvallis (Sept. 6)