Albuquerque Journal

Fee on carbon can help climate and citizens

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WHAT EXCITING news that New Mexico State University and El Paso Electric have installed 10,000 solar panels for use on the NMSU campus. Every step toward renewable energy is a step toward a cleaner future. One of the most promising actions to reduce carbon emissions and to decrease climate change effects is to place a price on carbon — a fee imposed on the production of fossil fuels at the source.

The majority of U.S. economists — including several from NMSU — agree that a fee on carbon will pressure the market to turn toward fossil-free energy and carbon sequestrat­ion innovation­s in a relatively rapid time frame (see https:// www.econstatem­ent.org/). Most developed economies in the world have taken steps in this direction in order to divert the drastic prediction­s of climate change. If monies collected from an imposed carbon price are returned to the citizens in the form of a monthly dividend, the effects of higher fuel and energy costs will be affordable as the economy shifts to a greener alternativ­e.

The U.S. Senate is currently discussing a carbon price in its budget discussion­s. I am hopeful that this one approach can make a measurable difference across all economic sectors, and I urge readers to learn more and contact their members of Congress now to press for action. Here’s a great resource: citizenscl­imatelobby.org.

Projects such as the forward-thinking NMSU/El Paso collaborat­ion will lead the way and demonstrat­e how New Mexico can become a leader in the new clean-energy economy, while providing well-paying jobs for New Mexicans. It’s an exciting step as the devastatin­g and costly impacts of climate change inevitably force us to move away from a fossil fuel-driven economy. MARTHA MARTINEZ DEL RIO

Silver City

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