Energy deal explained
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Editor,
The City of Whitefish has come out with a municipal resolution to endorse a carbon-pricing plan, called the Energy Innovation and Carbon Dividend Act. Now why would they do that? Well, it turns out that if you want to do the right thing to make a meaningful reduction in carbon emissions you really only have two choices: onerous regulations or market-based carbon price.
And if you are going to have a carbon price, you really want this kind called carbon fee and dividend. All the collected carbon fees get returned directly to the people. It’s called a carbon cashback.
So, why this particular energy innovation act? It’s because this is the best program out there. It is effective, reducing emissions to zero by 2050. It puts money in people’s pockets. The carefully calibrated rising carbon tax creates a business-friendly market signal that opens the door for American innovation, and that’s what makes green energy affordable.
And the new energy will be emissions free, which will save lives by decreasing air pollution. It does sound like a good idea. From here, the next step is asking Representative Rosendale for his support so go for it.
Laura Reynolds
Kalispell