Letter to the Editor:
There is a bill on the floor of our federal house of representatives that will do the following:
Create millions of well-paying jobs all over the country
Put monthly payments into every American household for years without increasing the federal deficit
Reduce green-house gas emissions
Strengthen our energy independence at a time when our fossil fuel industry is being badly hit by the Saudi-Russia oil-price war.
The bill? The Energy Innovation and Carbon Dividend Act, H.R. 763.
This bill levies a steadily rising fee on carbon at the source; at the mine, well or port (remember, imported oil will pay the fee). The revenue produced will all be rebated to every American household every month. This will literally create millions of well-paid jobs in alternative energy. Agriculture and our military are exempt so they will benefit from the lower oil prices.
The reduction in green-house gas emissions will help mitigate global warming and the related climate changes. Weather disasters are costing us $152.2 billion per year, up 197% in the last decade. We cannot stop this completely, but we can certainly mitigate it. The bill would reduce carbon emissions by an estimated 40% over time.
Check out the bill at https://www.congress.gov/bill/116th-congress/house-bill/763. For detailed information take a look at https://citizensclimatelobby.org/energy-innovation-and-carbon-dividend-act/. After understanding the great importance of this bill at this moment in history…contact your representatives in Washington for their support.
Lee Morgan
Annandale, MN