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Letter: Carbon fee, dividend offer a climate change solution

As most of us realize, our warming planet is contributing to more severe weather events, wildfires and droughts. These disasters have caused billions of dollars in damage in the U.S. According to FEMA, about 40% of small businesses never reopen after a disaster.

We need to focus on immediately implementing solutions for our changing climate.

One solution is a carbon fee and dividend: placing a fee on carbon, with a dividend – the money collected under the fee – being returned to U.S. households.

Economists agree that putting a price on carbon is the quickest and most effective way to reduce carbon pollution. By placing a fee on carbon, we discourage carbon pollution by making it the more expensive option. By returning the fees collected to U.S. households, through a dividend, 70% of the households will be financially better off.

I encourage you to call or write our Sens. Michael Bennet and John Hickenlooper and Rep. Lauren Boebert and ask them to take immediate action to address climate change by implementing a bipartisan carbon fee and dividend plan.

Gail C. HarrissDurango