I-732 on the ballot would shift taxes, reducing sales tax and placing the tax on fossil fuels. It is designed to be revenue neutral. This approach is recommended by U.S. climate scientists.
Leading U.S. climate scientist James Hansen calls for a revenue neutral carbon tax, “an across-the-board carbon fee … This will move industry and businesses to develop no-carbon and low-carbon energies and products that use little fossil fuels. In fact, the economic study shows that United States, after 10 years, emissions would be reduced 30 percent, because you’ve got the economy forcing you in the right direction.”
Seattle’s Richard Gammon, oceanographer and climate scientist for the University of Washington, the Pacific Science Center and U.N., agrees, and says that the two most important things we can do for climate is stopping deforestation and putting a price on burning carbon. He adds: Now it is free to let carbon dioxide go into the atmosphere, and until there is a price on carbon, carbon capture doesn’t price out.
I-732 gives us an opportunity to help provide a future for our children and our planet. It deserves a yes vote.