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Carbon fee is bipartisan solution to climate change

Missing from John Fritze's summary of President Barack Obama's State of the Union address ("Obama turns populist in State of the Union speech," Jan. 21) are his comments on the greatest threat to future generations — climate change. I applaud President Obama for bringing up this difficult issue for discussion.

I also want to address House Speaker John Boehner's concern that the "real question" on climate solutions that should be asked is why "every proposal we see out of the administration with regard to climate change means killing American jobs." My answer to both President Obama's and Speaker Boehner's concerns is a steadily-rising carbon fee placed at the source of carbon dioxide emissions and these fees given back to the American people on an equitable basis (billionaires getting the same amount back as janitors).

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A recent study from Regional Economic Models, Inc. examined the impact of a fee starting at $10 per ton of equivalent carbon dioxide emissions that rose an additional $10 per ton each year. With a border-corrected carbon fee (countries that did not have a carbon fee that sends their goods to us would have to pay at the border) and all revenues divided equally to American households, we would have an added 2.8 million American jobs added after 20 years. With the added benefit of cutting carbon dioxide emissions in half! A free-market solution that a Republican House and Senate can proudly present, backed by a number of prominent Republicans such as former Treasury Secretary Henry Paulson and former Secretary of State George Shultz.

Let's all rise to the theme of One America (not an America divided between blue states and red states) and work on something that we all would be proud to tell our children and grandchildren that we did — increase both economic and climate stability with a free market solution that spurs American ingenuity to move into 21st century energy sources. We must adopt a revenue-neutral, border-corrected, carbon fee.

Sabrina S. Fu, Ellicott City

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