To: Wharf Rat who wrote (272012 ) 5/4/2015 2:08:54 PM From: T L Comiskey Respond to of 544133 re....to help communities adapt. Currently, Fossil Fuel Energy remains less expensive than the Clean Energy alternatives we have today, wind, solar and geothermal. To change this, we need to add a carbon fee to all fossil fuels as they enter our economies. And we also need to ensure that everyone can afford the energy they need during the transition away from fossil fuels! Carbon fees on fossil fuels would rise gradually each year and insures that current alternatives we have for clean energy, like wind, solar and geothermal energy become significantly cheaper than fossil fuel energy within a known time frame. This will correct the incentives for the three relevant groups – investors, business and individuals. Rising Carbon Fees will discourage investors from investing in the Canadian Tar Sands, and get them excited about clean energy. Why? Because they want to invest in the energy that will be cost-competitive in the future. Rising Carbon Fees will encourage businesses to minimize their Carbon footprints. Why, because they need to compete with other businesses and with carbon fees, energy, fossil fuel energy will become a bigger part of their bill. Since rising carbon fees will be divided into equal per-person monthly rebates for every resident, everyone will be able to afford the energy they need. Since the rich use the most energy, the poor will benefit the most, but even the middle class will come out ahead because their rebate check will be higher than the average fees paid for the lowest paid 60 to 70 percent of households. Part of the Carbon Fees plan would also be to have what are called “border adjustments” so that economies that enact Carbon Fees first can still compete with economies that take longer to do so.