WASHINGTON (CNS) — The chairman of the U.S. bishops’ Committee on Domestic Justice and Human Development said a new carbon pricing bill introduced Jan. 24 in Congress is a “hopeful sign” that “climate change is beginning to be seen as a crucial moral issue, one that concerns all people.”
Bishop Frank J. Dewane of Venice, Florida, added in a Jan. 24 statement: “At a time when the dangerous effects of climate change are becoming increasingly apparent, the need for legislative solutions like this is more urgent than ever.”
The Energy Innovation and Carbon Dividend Act of 2019 is based on a bill introduced in November during the lame-duck session of Congress.
Under the bill, a fee is put on fossil fuels like coal, oil and gas. The fee is small at first and grows over time. According to the Citizens Climate Lobby, which backs the bill, it would reduce carbon pollution because energy companies, industries and consumers will move toward cleaner, cheaper options.
The United States does not regulate carbon emissions for their impact on climate change, and the bill would keep the Environmental Protection Agency from doing so for 10 years. If carbon reduction targets are not met, then Congress directs the EPA to regulate them.
The bill does not regulate auto emissions or water quality. Imports would pay a slight carbon adjustment fee, while U.S. exports would receive a small rebate.
Fees raised from the bill, which is designed to be revenue-neutral, would be distributed equally to all U.S. residents. The Citizens Climate Lobby estimates a family of four would receive a dividend of $3,456.
Many states and municipalities have already enacted laws setting ambitious targets for obtaining a significant percentage of energy from renewable sources in the coming years.
“Fundamentally, this bill is about ensuring that the full spectrum of costs associated with greenhouse gas emissions — economic, social, and environmental — are accounted for,” Bishop Dewane said. “Failing to consider the health and well-being of people, including future generations and the planet, means that ‘businesses profit by calculating and paying only a fraction of the costs involved,'” he added, quoting from Pope Francis’ encyclical “Laudato Si’.”
“This proposed legislation is one possible remedy to addressing these imbalances,” Bishop Dewane said. “Climate change can only ever be adequately addressed if it is done with an eye toward ‘the least of these.'”
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There is no debate among published climate scientists! Why even bother with the paid deniers and front groups who thrive by creating the delay of a false climate debate?
A revenue neutral carbon fee but with a 100% dividend, makes enormous sense (cents, too)! !
Conservative and liberal economists (including dozens of Nobels) say it is the best way to create healthy pollution free communities and limit climate change. It is not a tax. This way citizens would RECEIVE the carbon fees as a monthly check, for example. That would protect us from price spikes in dirty energy.
Polluters PAY the fees, so it holds fossil fuel corporations responsible for the damages. or “externalities”, they cause, hundreds of billions of dollars per year (Harvard School of Medicine).
It would more rapidly limit further pollution than by regulations alone, as happened in BC Canada with a similar, popular policy. BC lowered emissions and also lowered taxes with their fees.
A study by respected non-partisan Regional Economic Modeling, Inc. found the dividends would help to create 2.9 million additional jobs in 20 years, while reducing carbon emissions 50% in that time, as fees stimulate low carbon technologies . http://citizensclimatelobby.org/wp-content/uploads/2014/09/REMI-National-SUMMARY.pdf
To those who reject the science: perhaps nothing will change your mind. But what have you got against cleaner air, less asthma in our kids, fewer heart attacks, and more money (the dividend) in your pockets?
To those accepting the science: Any effort to limit the problem of climate trauma is worth it. For example: the cost of sea level rise ALONE is so great that no effort to prevent it is unwarranted.
Elon Musk was asked “what can we do? ” Musk: “I would say whenever you have the opportunity, talk to the politicians.,,,,. We have to fix the unpriced externality [social cost]. I would talk to your friends about it and fight the propaganda from the carbon industry.”