Carbon Fee and Dividend – Voices of Austin @CCLATX

Published as, “Opinion: More legislation needed in the global warming fight”

Climate activists celebrated the August 2022 passage of the Inflation Reduction Act for its many provisions dealing with climate. True, those provisions were watered down in order to secure passage, and they are far less than what is needed. But that it passed at all was a big surprise, after previous hopes for legislative climate action had been dashed.

However, more comprehensive climate legislation is still much needed, as we are badly losing the war on global warming. In the Paris Accords of 2015-16, 196 nations pledged to pursue efforts to limit earth’s temperature increase to no more than 2.7°F (=1.5°C) above pre-industrial levels — with a fallback ‘in case we fail’ goal to limit warming to less than 3.6°F (2°C). Worldwide greenhouse gas emissions (GGE) are at their highest atmospheric concentrations and emissions levels ever recorded, and they are projected to continue rising for at least several years. Virtually no climate science expert believes we will achieve the Paris 2.7°F goal.

There is no question that the U.S. cannot resolve the global warming problem by itself. All nations (especially China) need to take immediate action to slash their greenhouse gas emissions. But this should not dissuade the U.S. from taking responsibility to deal with our own emissions. As leader of the free world and historically the highest emitter of greenhouse gases, we bear a special responsibility to lead by example.

Granted, compared to previous decades, recent U.S. progress in switching away from fossil fuels seems impressive. It is simply not fast enough. U.S. greenhouse gas emissions (all greenhouse gases, not just CO2) decreased by only 2 percent from 1990 to 2021. We need additional federal policy to accelerate reduction of our greenhouse gas emissions.

What is needed is a ‘carbon fee and dividend’ policy, which places a fee on greenhouse gas emissions and returns those fees to taxpayers. This approach has been endorsed by a large number of businesses (including Exxon-Mobil), prominent individuals and organizations (e.g., the Climate Leadership Council, whose members include 27 Nobel Laureate economists, and over 3,000 U.S. economists). Carbon fee and dividend has the benefits of being the climate policy that involves least government intrusion in the affairs of business and brings a positive cash flow to most taxpayers (both of which should make it the least objectionable option to members of Congress), and it will have a net positive long-term impact on the economy and jobs creation. The most important benefit is that, if crafted properly, it can be effective enough to achieve U.S. climate goals.

The wise man Yogi Berra purportedly said ‘It’s tough to make predictions, especially about the future.’ It is indeed tough to determine precisely how hot earth will end up getting because the answer depends almost entirely upon decisions we humans might or might not make: take immediate drastic action; do little or nothing; do something lukewarm in between. It is still possible we could limit warming to 2.7°F – but extremely improbable. All nations would have to take the immediate drastic action path; it won’t happen. The world is now on the ‘lukewarm’ path, one expected to lead to a 4.5-7.2°F rise by century’s end.

Yes, this is a wide range of uncertainty. But even if warming ends up at the low end of this range, it will be disastrous for humans and many other of earth’s plant and animal residents. There is zero uncertainty that we need to take more powerful action now to halt the warming. A carbon fee and dividend policy is the best option for the U.S. to address our greenhouse gas emissions problem.

Mark Warren

Member, Citizens Climate Lobby Austin Chapter

Austin American-Statesman

March 2023

This letter was published in 2018, but the discussion remains relevant today.

Each year, the world celebrates Earth Day on April 22 after its creation in 1970, when a large oil spill occurred on the California coast off Santa Barbara.

Concerns about the environment were increasing at the time in the U.S., and Republican President Richard Nixon created the Environmental Protection Agency in 1970.

Humankind has been using fossil fuels for a long time — and its use has helped modernize transportation, manufacturing and agriculture. Since the beginning of the Industrial Revolution, human activities have produced 40 percent more atmospheric concentration of carbon dioxide, from 280 ppm to 406 ppm in early 2017. This increase has happened despite the absorption of the gas by oceans and forests.

These trapped emissions have severe consequences for humankind. They act as a blanket around Earth, allowing global temperatures to rise. The American Meteorological Society has been keeping records of weather since 1919, allowing scientists to understand the changing climate.

Thirteen of the 15 hottest years in last 100 years occurred between 2000 and 2014.

Researchers found that there is some certainty that human activities are responsible for warming of the Earth.

As temperatures rise, evaporation increases, which causes more water vapor, a potent greenhouse gas. These conditions create more intense storms. We saw the likes of them in 2017 in Texas, Florida and Puerto Rico.

Hurricane Harvey started as a tropical depression, grew into a Category 1 hurricane and continued to gain strength over the warm waters of the Gulf of Mexico and churned towards Texas.

It became a Category 4 hurricane, covering a huge area from the coast to Central Texas and dropping 51 inches of rain over Houston. The estimated damage is $198 billion.

Total damages from natural disasters in 2017 alone are estimated between $300 billion to $400 billion. Victims are still waiting for help. In comparison, the damages were just $46 billion in 2016.

The list of climate change impacts is large: Heat waves, floods, wildfires, melting glaciers, rising sea level, droughts, severe storms, off-the – charts high temperatures in the Arctic, crop destruction and deforestation are just a few.

Earth Day is especially crucial for Texans this year. We must reverse warming of the planet by reducing dependence on fossil fuels and developing clean sources of energy. The longer we wait, the harder it will be.

The Montreal Protocol signed by 197 countries to discontinue ozone-depleting chemicals was a success story in 1987 for the global community. It has worked hard for years, and 195 countries signed the Paris Climate Accord in 2015 to limit global temperature rise. But President Trump announced his intention to withdraw in 2017, making us the only country to disengage.

A Yale survey of 36 congressional districts in Texas shows 67 percent of adults are concerned about global warming — and 75 percent believe in funding research into renewable energy sources. Millennials are broadly convinced human-induced climate change is real and deserves action. Industries, businesses, universities, cities and states are addressing it.

A carbon fee and dividend is proposed by Citizens’ Climate Lobby, which would put a fee on oil, coal and gas. The money collected would be returned to American households.

This rebate would stimulate the economy and make clean energy cheaper. The Climate Leadership Council is proposing a similar solution.

On Earth Day 2018, let us demand actions from our lawmakers to find solutions. A bipartisan group of lawmakers in the U.S. House are working on it. Let us support them and ask others to join for a livable world for all.

Kalpana Sutaria

Austin American-Statesman

April 21, 2018