Climate change’s impacts are already being felt, and will only worsen without drastic action. A carbon tax reflects the true price of fossil fuels, and is the type of aggressive measure that’s needed at this point. Without something like this bill, the world’s climate will not be sustainable within this century.
Emissions pricing schemes merely entrench the fossil fuel-dependent status quo, rather than directly pushing for a shift to clean, renewable energies and this doesn’t go far enough. Alternatively, despite this bill’s claim of a dividend for American consumers they will still bear the costs of its carbon tax through higher energy prices. .