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Thousands of economists signed a statement: "A carbon tax offers the most cost-effective lever to reduce carbon emissions at the scale and speed that is necessary. By correcting a well-known market failure, a carbon tax will send a powerful price signal that harnesses the invisible hand of the marketplace to steer economic actors towards a low-carbon future."
We must stop subsidizing fossil fuels and begin including in their cost the cost of the environmental damages that they cause from air pollution, sea level rise, weather extremes and coral bleaching.
All the revenue should be returned directly to our citizens through equal lump-sum rebates.
A majority of families, including the most vulnerable, will benefit financially by receiving more in "carbon dividends" than they pay in increased energy prices.
Please, speaker of the House, keep HB 1146 (Carbon Cashback) alive by referring it to the Finance Committee and then work with your colleagues to pass this bill this legislative session.
Bobbie Best
Wailuku