MORNING SENTINEL • December 17, 2020
Cash-back carbon pricing has been introduced into Congress on a bipartisan basis. All revenues from a rising price on carbon pollution would be returned in equal shares to all U.S. citizens. The U.S. needs to join the 80% of its trading partners who already price their carbon emissions in some way! Independent studies show that this cashback policy will predominantly benefit low- and middle-income Americans and spur economic growth across income levels. It will also save lives from pollution-related respiratory illnesses, and climate-related extreme weather events. Rep. Chellie Pingree is a co-sponsor of that proposal, Rep. Jared Golden understands it, and Sen. Collins made a similar proposal in 2009. Sen. King should take the lead now. ~ Peter Garrett, Winslow