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Opinion: Carbon dividend bill deserves support from conservatives

What would a conservative approach to climate change look like? It would have to be both needed and fair. It would have to not hurt our economy and improve our health. It should also be fast, cheap, simple, predictable, international and avoid government regulation. It should also be something that can be supported on both sides of the aisle.

So, does such a plan as this exist? Yes, it does. HR 763, the Energy Innovation and Carbon Dividend Bill, is now in the House with bipartisan sponsorship and 75 co-sponsors. This plan places a progressively increasing price on the production of greenhouse gases from the burning of fossil fuels and returns all the money in a monthly dividend to all American citizens. 97% of climate change experts say it is desperately needed, and our own experiences of worsening storms, droughts and wildfires confirms it. National polls have found that nearly 70% of Republicans believe climate change is real, and 56% of them say the United States has to take “aggressive” action to fight climate change.

It is eminently fair. The companies that cause the damage from climate change would pay the costs in the carbon fee, and many studies show the lower 60-65% of our people would get more money back than they would pay out in higher energy fees. Economic studies show it would stimulate American innovation, spur a monumental growth in the production of clean energy, add millions of new American jobs and grow the economy. It would decrease greenhouse gases by 90% by 2050. It will also save countless thousands of American lives each year. There is an exemption for farmers and the military, and there is a 10-year freeze on government regulation. There is also a border adjustment that would not cause it to hurt American businesses and that would encourage other countries to adopt a similar policy. The bill is short and easy to understand.

Simply place a fair price on the damage that burning fossil fuels produces and give all the money back to all U.S. citizens, and then let the free market take over. It is very effective, saves lives, is fair, grows our economy, helps most Americans and it does not cost our government one penny. It has support from both sides of the aisle. It is something that we conservatives can support. Now all we need to do is enact it. Please contact your congressmen and ask them to support such a bill.

Vernon Dixon