Re: “Reject carbon fee” (Our Readers’ Views, May 9), I understand the writer’s concern with added costs of a carbon price. But, does he understand the billions of dollars and a five-fold increase in climate disasters? Or that health costs of fossil fuel pollution is also in the hundreds of billions per year?
This concern for pass-through costs is addressed in the H.R. 2307 recently proposed. A rising price on carbon is expected (by Nobel economists and various studies) to cut emissions in line with the IPCC targets. What of costs? A complete and equal rebate of all fees to households puts 75 percent of Americans even or ahead as we are “paid to go green.”
Let’s look at the whole picture before we complain about “costs.”
