It is time for us to put aside our differences. Climate change is not a political issue. It is an issue that goes beyond political values and has the potential to do irreparable damage to our whole world.
Many people fear that it is too expensive to act or that it will destroy our free market economy. We do not need to, nor should we try to, destroy our free market economy, for it has propelled us to greatness. We need to use it to conquer climate change. Simply put a price on the production of carbon dioxide and other greenhouse gases to account for their external damages that you and I pay for now, return the money to all of us taxpayers and let the free market take over.
A study from the Harvard Medical School put a price tag of $350 billion to 500 billion every year just from inhaling the particulate matter produced by burning fossil fuels. The well respected Regional Economic Modeling Inc. study shows that putting a progressively escalating price on the production of greenhouse gases actually helps to grow the economy and will propel America to even greater horizons.
Putting a price on carbon is simple, fair, effective and free market driven. Now let’s do it.