Carbon pricing policy a firststep solution

Thursday, May 13, 2021

Dear Editor:

When we read or hear about climate change, we’re looking for palatable solutions to reduce greenhouse gas (GHG) emissions.

A changing climate means continued record-breaking heatwaves and intense fire seasons, smoke, rising temperatures, and potentially extreme climate events ranging from flood to drought (1). We don’t want to have a repeat closure of the Yellowstone River due to low flows and high temperatures, not to mention the fishkilling parasites.

The best first-step solution to mitigate these risks is a carbon pricing policy. Business associations are increasingly supportive of actions to solve climate change. They recognize that market-based solutions, like a carbon price, provide us with a transparent, fair, and gradual path to a net zero economy.

We both are proud members of our local Chambers of Commerce. The US Chamber of Commerce “supports a market-based approach to accelerate greenhouse gas emissions reductions across the US economy.” The American Petroleum Institute “supports economy-wide carbon pricing as the primary government climate policy instrument to reduce CO2 emissions while helping keep energy affordable.” And the Electric Power Supply Association also supports “efforts to combat climate change through transparent, open, and nondiscriminatory competitive markets, such as an economy-wide price on carbon.”

Here’s our solution. The Energy Innovation and Carbon Dividend Act (HR2307) is a carbon pricing bill in Congress that all of us can support as a cost-effective lever to reduce GHG emissions (2). It will reduce America’s carbon pollution towards net zero by 2050. It puts a fee on carbon pollution, creating a level playing field for clean energy. The money collected from fossil fuel companies goes to Americans in the form of a monthly ‘carbon cash back’ payment so that everyone can afford the transition.

For Montana, this means jobs and support for we farmers, ranchers, and Main street businesses. We can all work together and address climate change starting today. Please urge Senators Daines and Tester and Representative Rosendale to support carbon pricing and the Energy Innovation and Carbon Dividend Act now.

Kind regards,

Alexandra Amonette

Big Timber, MT

Max Scheder-Bieschin

Big Sky, MT