The Energy Innovation and Carbon Dividend Act

The following was sent to us by Marilyn Judson, a very long-time member of SMBAS, so we’re passing it on to you, our alert readers. The SMBAS board has not yet taken any position on this issue.
[Chuck Almdale]

The West Los Angeles chapter of the Citizens Climate Lobby (CCL) hopes to make a short presentation soon at a ZOOM meeting of our Board and/or chapter members on a climate change bill they support: the “Energy Innovation and Carbon Dividend Act” or HR 763. Eighteen other Audubon chapters have already endorsed this bill. Take a look at this funny and insightful video on CCL and HR 763:

The CCL YouTube channel has many additional videos.

HR763 will reduce America’s greenhouse gases (GHG) by 40% in the first 12 years by putting a price on each ton of carbon in fossil fuels, thereby creating a competitive advantage for non-carbon energy sources like solar.  The revenue collected will be returned to taxpayers as a monthly dividend, which will help lower-income families to transition to sustainable energy sources like solar.  A carbon fee and dividend approach to address global warming has been endorsed by 4 former chairs of the Federal Reserve, 27 Nobel Laureates, and 15 former Chairs of the Council of Economic Advisers
(https://clcouncil.org/economists-statement/).

More details on HR763 are here:
https://citizensclimatelobby.org/energy-innovation-and-carbon-dividend-act/.
Also, CCL has many chapters in L.A. County and elsewhere in Southern California: https://citizensclimatelobby.org/about-ccl/chapters/.