This January I joined an organization called Citizen’s Climate Lobby, an organization pursuing climate change solutions through democracy. I plan to post more about the organization and what I’m learning in the future, but today I want to share the organization’s main focus: the Energy Innovation and Carbon Dividend Act (HR 763).
This bill was introduced to the House of Representatives in 2019 and will likely be reintroduced by the House or Senate early this year. Essentially, the mechanism of the legislation is to place a fee on fossil fuels (coal, oil, gas, etc). That fee will be paid upstream by companies purchasing those fuels and the money collected from those fees is then allocated in equal shares every month to the American people.
The stated benefits of the bill include:
1. Effective at reducing greenhouse gas emissions
2. Good for people
3. Good for the economy
5. Revenue Neutral
You can read more about the bill here: https://citizensclimatelobby.org/energy-innovation-and-carbon-dividend-act/
Let’s get to the whole purpose of this legislation – putting a price on carbon and doing so in a way that benefits us all. Our current economic system allows us to use carbon without any cost and yet, emitting carbon is a huge cost to our environment and ourselves. As climate scientist Kathraine Kayhoe explains, “We need a price on carbon that accurately reflects its real costs on our society and our wellbeing.”
This legislation is designed to reflect the cost of putting greenhouse gases into the environment so that we as a society can work towards improving our environment, society and the health of all people. While I have a lot more to learn about the specifics of the bill, I support this solution to helping us address climate change.