Our children must live in the real world.
We cannot pretend we have fossil fuel replacements and “all that is
needed is political will.” Eventually we will have energy cheaper than
coal, but not today. Fossil fuels are a convenient energy source and can
raise standards of living. If we are to phase down fossil fuel
emissions rapidly, we must make fossil fuels pay their costs to society.
A viable strategy to rapidly phase down fossil emissions is an
across-the-board (oil, gas, coal) rising carbon fee. These funds,
collected from the fossil fuel companies, must be distributed, 100 per
cent, to the public. Otherwise, the public will rebel, as ‘yellow vests’
demonstrated in France.
Merits of the carbon fee & dividend: it is progressive, as most
low-income people get more in the dividend than they pay in increased
prices. And, economists agree, it is, by far, the fastest way to phase
down emissions. It stimulates the economy, creates jobs, and modernizes
infrastructure.
The United States, China and the European Union are the big players on
the global stage today. If, preferably, at least two of these three
adopt a rising carbon fee, it can be made near-global via border duties
on products from countries without such fee, and rebates to
manufacturers on products shipped to countries without a fee. This
would encourage most countries to have their own carbon fee, so they
could collect the money themselves.
Will one of these three major players lead the way by initiating fee & dividend?
European Union: Citizens Climate Lobby, the Danish
chapter, is spurring an initiative to collect one million signatures,
which would force the European Parliament to vote on fee &
dividend. They have a good start, 21,790 signatures, but they must get
1,000,000 by 6 May 2020.
Please visit https://citizensclimateinitiative.eu/
(add /dk for Danish version, /es for Spanish, /bg for Bulgarian, etc.)
where it is possible to sign electronically – you must be European to
sign.
It is hard to inform people about this one-by-one, but if enough
organizations understand the carbon reality, they can get their
memberships behind the ballot initiative.
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