Reed Hamilton: Best option: a fee on carbon fuels |

Reed Hamilton: Best option: a fee on carbon fuels

The Health Effects of Climate Change forum that took place Nov. 13 in Nevada City, followed by the article in The Union by Sam Corey, emphasized how we are all feeling the effects of a warming world.

Dirty air and heat waves affect us older folks and our children and grandchildren everywhere in California. I know many people in the foothills were suffering increasingly strong allergic effects and asthma before the fires. However, last year when the Camp Fire was raging, my relatives, including my little granddaughter, had to take refuge from the smoke up here. It sounds like we will see more of that, seeking a place out of the smoke.

We need to do something right now about these health threats. A fee on carbon fuels is viewed as the best option by 3,554 economists who published a piece in the Wall St. Journal. There are a number of carbon fee bills in Congress now, but the one that goes right to the heart of the matter is HR 763, the Energy Innovation and Carbon Dividend Act. It has a yearly-rising fee but all the money collected, minus a 2% administrative cost, gets returned to the citizens as a yearly dividend to offset the increased cost of goods. That allows the markets to figure out ways to use less fuel as we consumers look for less carbon-intensive products. Less regulation, but still reducing CO2 emissions by 40% in 12 years.

Reed Hamilton

Grass Valley

Support Local Journalism

Support Local Journalism

Readers around Grass Valley and Nevada County make The Union’s work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.

Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.

Your donation will help us continue to cover COVID-19 and our other vital local news.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User


See more