Congressman Stark Introduces Carbon Tax Bill

Author: Travis Leipzig

Two weeks ago, U.S. Congressman Pete Stark introduced the Save Our Climate Act, H.R. 3242, that proposes levying a tax on carbon. This bill is designed to reduce national dependence on foreign oil, drive alternative energy development, mitigate the effects of climate change, and reduce our national deficit.

Congressman Stark's Carbon Tax Bill press release reads:

The Carbon Tax Center estimates that over 10 years, the Save our Climate Act would raise more than $2.6 trillion in revenue and reduce carbon emissions by 25 percent. Over several decades, the legislation will reduce the United States' carbon emissions to 80 percent below the country's emissions levels in 1990, which is the level scientists say much be achieved to stabilize our climate.

I know what you're thinking... "But carbon tax aimed at the fossil fuel industry will ultimately increase the cost of energy for the consumer and screw over the little guy!" Fear not, my logically skeptical friends, this bill proposes to distribute over $2 trillion in revenue back to consumers over 10 years in the form of annual dividends starting at $160 per person per year and rising to $1,170 per person per year in year ten.

The Save Our Climate Act has massive potential to actually make a difference towards reducing the effects of climate change and drive growth in the renewable energy industry if folks will get on board with Congressman Stark.

Click here to read a Fact Sheet on the SOCA bill.
Read the full bill here.
Follow the status of this bill in congress here.

Click here to find the contact information of your State representative(s) and let him/her know that you support the Save our Climate Act and you think they should too!

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