Tax carbon and return money to households

Published: Wednesday, May. 14, 2014 - 10:05 am

Re "Studies: Glacier collapse coming" (Page A1, May 13): The only good news in the article about the destabilization of the West Antarctic ice sheet came at the end: If we act now, we can prevent even greater harm.

The risk to the economy is often used as a reason not to reduce emissions that are causing planetary warming. In fact, the opposite is true. The risks to our economy are far greater if we do not act, and there is an abundance of evidence that action will cost us very little and likely provide many benefits to our economy.

Consider a solution that harnesses the power of the market, does not grow the size of government and protects low and middle incomes: Put a fee on emissions and return the money equally to all U.S. households. Conservatives and liberals will both find a lot to like about a revenue-neutral carbon tax.

-- Jennifer Wood, Sacramento

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