MCViewPoint

Opinion from a Libertarian ViewPoint

Erie Times E-Edition Article-There’s carbon pricing … and then there’s carbon pricing

Posted by M. C. on June 16, 2021

The marketplace in the U.S. revolves around financial incentives to change producer and customer behavior. – Fifty cent words for CONTROL.

That legislation will place an increasing fee on carbon emissions and return the net proceeds to all Americans as a monthly dividend. Most families will wind up with money in their pockets since the dividend will more than offset the increase in cost of carbon-based products. – And we never see corporate tax increases either. Look at the Australian carbon tax experience.

EICDA exempts agriculture and the military from the imposition of the fee on emissions. – The military-doesn’t pay taxes, you do/the government and military in particular are the worst polluters. Subic Bay, Iraq burn pits, depleted uranium ammo…

There are people that actually buy into this – the American Federation of Teachers just signed on

Follow the link below to view the article. There’s carbon pricing … and then there’s carbon pricing https://erietimes-pa-app.newsmemory.com/?publink=11cad2931_1345ddc

Your Turn Bruce Cooper Guest columnist In Amanda Claire Starbuck’s column (

Say No to Carbon Pricing , May 25, The Progressive magazine), she lumps all forms of carbon pricing into one bucket, focusing only on a proposed system of credits within the Growing Climate Solutions Act (

S.1251 and H.R. 2820), which is expected to be sent to the floor of the Senate. Her arguments against passage of the legislation center around letting polluters continue to pollute.

The marketplace in the U.S. revolves around financial incentives to change producer and customer behavior. And to take on the existential threat of the climate crisis, it will take ‘silver buckshot’ rather than a single ‘silver bullet.’ While farmers can benefit from the credits through the Growing Climate Solutions Act, and all of Pennsylvania can benefit from joining the Regional Greenhouse Gas Initiative, a cap-and-trade program to reduce greenhouse gas emissions from the electrical power generation industry, the best next step for the United States is to implement the

Energy Innovation and Carbon Dividend Act (EICDA, H.R. 2307). That legislation will place an increasing fee on carbon emissions and return the net proceeds to all Americans as a monthly dividend. Most families will wind up with money in their pockets since the dividend will more than offset the increase in cost of carbon-based products.

EICDA exempts agriculture and the military from the imposition of the fee on emissions. So having the Growing Climate Solutions Act incentivize farmers to follow sustainable practices such as regenerative agriculture fits hand in glove with EICDA.

Learn more about EICDA at http://www.energyinnovationact.org, see who supports the bill — the American Federation of Teachers just signed on — and urge your member of Congress and your Senator to quickly pass this vital legislation.

Bruce Cooper is Group Leader of the Slippery Rock chapter of Citizens’ Climate Lobby.

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