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URGING THE UNITED STATES CONGRESS TO ENACT REVENUE-NEUTRAL CARBON FEE AND DIVIDEND LEGISLATION

This resolution is sponsored by Councilmembers Mayer and Rollo and calls for federal legislation establishing a carbon fee and dividend system as a means of revealing the otherwise hidden costs associated with the burning and use of fossil fuels. The resolution documents rising global temperatures and the systemic social, economic, and environmental effects of climate change on both the local and global levels. The document holds that a carbon fee should be assessed as far upstream as possible and that such fee should start low and progressively increase to achieve the goal of reducing U.S. CO2 emissions and equivalents to 10% of 1990 levels. The resolution also holds that all fee revenue should be returned to households in the interest of protecting low and middle income residents from the impact of rising prices. The resolution directs the City Clerk to send a copy of the resolution to our Congressional Delegation and to the U.S. President.

Amends CodeNo
Final 2017-03-01 Passed 8-0 (Volan absent)
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