Letter: Place a Fee on Carbon

Written By Unknown on Rabu, 16 Oktober 2013 | 13.25

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Re "The Bay of Bengal, in Peril From Climate Change," by Sunil S. Amrith (Op-Ed, Oct. 14):

Extreme weather events like the cyclone in the Bay of Bengal and Hurricane Sandy are a price we pay for pumping vast quantities of carbon dioxide into the atmosphere. If we factored such disasters into the price of fossil fuels, we would have a better measure of the true cost of our reliance on them.

Solar, wind and other renewable energy sources would be cheap by comparison. A fee on carbon would provide an economic incentive to reduce our energy use, and a fee that increased over time would encourage businesses to invest in sustainable energy technologies.

One hundred percent of the revenue raised from a fee on carbon could be returned to households to offset higher production costs passed on to consumers. Such a revenue-neutral fee on carbon has been endorsed by economists across the political spectrum, and the oil and gas industries prefer this market-based approach to regulation by the Environmental Protection Agency.

We need to acknowledge the true cost of burning fossil fuels by placing a revenue-neutral fee on carbon.

ERIC ETTLINGER
Berkeley, Calif., Oct. 14, 2013

The writer is a member of Citizens Climate Lobby.


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