25 signatures reached
To: Alberta Premier Notley, Energy Minister McCuaig-Boyd, Environment and Parks Minister Phillips
Give us a fair fixed price for Carbon.
Please implement a broad base fixed price on Carbon Damage of $50 per tonne of Carbon Dioxide equivalent (CO2e).
Why is this important?
Dear Premier and Ministers,
In your efforts to do the right thing you may be tempted to follow Quebec and Ontario in adopting a Carbon Cap and Trade system. Please do not. Day traders and stock market speculators may want this, but scientists and economists say it is a huge mistake. Businesses that use carbon fuels need price stability to safely plan for the future, and the volatility of a Cap and Trade market hurts any chance of that.
The European cap and trade system doesn't reduce GHG's. It encourages big polluters to buy their way out of excessive pollution by investing in dubious carbon credit schemes. It is just another way to get rich on market volatility and that seems quite dangerous; to put the fate of our children in the hands of day traders.
By implementing a broad base fixed price on carbon such as a $50/tonne "Carbon Damage Fee", we could replace fossil fuels with sustainable energy on the Alberta power grid by 2025 and employ as many people as our oil sands. All this for an additional direct cost of only 66 cents per person per day.
There is a preponderance of evidence to prove that a $50/tonne(2015) carbon price is the minimal fair price for Albertans to pay. Even the think tank for the U.S. coal lobby "The Heritage Institute" admits that the real cost of carbon damage is US$52.35/tonne, the U.S. EPA charts show that US$61/tonne is fair and U.N. Intergovernmental Panel on Climate Change (UN - IPCC) concluded that, " a lower benchmark of US$50/tC is reasonable".
A Carbon Damage Fee of $50 /tonne works out to an "additional direct cost" of only 66 cents per person per day. Dear Premier and Ministers we ask you, "At what price is our survival?"
Right now we have a once in a lifetime opportunity to actually achieve our dream of a survivable world, not just an opportunity to fight for it. Time is running out and we in Alberta may never have a chance like this again. I ask you to please do not let this slip through our fingers.
In your efforts to do the right thing you may be tempted to follow Quebec and Ontario in adopting a Carbon Cap and Trade system. Please do not. Day traders and stock market speculators may want this, but scientists and economists say it is a huge mistake. Businesses that use carbon fuels need price stability to safely plan for the future, and the volatility of a Cap and Trade market hurts any chance of that.
The European cap and trade system doesn't reduce GHG's. It encourages big polluters to buy their way out of excessive pollution by investing in dubious carbon credit schemes. It is just another way to get rich on market volatility and that seems quite dangerous; to put the fate of our children in the hands of day traders.
By implementing a broad base fixed price on carbon such as a $50/tonne "Carbon Damage Fee", we could replace fossil fuels with sustainable energy on the Alberta power grid by 2025 and employ as many people as our oil sands. All this for an additional direct cost of only 66 cents per person per day.
There is a preponderance of evidence to prove that a $50/tonne(2015) carbon price is the minimal fair price for Albertans to pay. Even the think tank for the U.S. coal lobby "The Heritage Institute" admits that the real cost of carbon damage is US$52.35/tonne, the U.S. EPA charts show that US$61/tonne is fair and U.N. Intergovernmental Panel on Climate Change (UN - IPCC) concluded that, " a lower benchmark of US$50/tC is reasonable".
A Carbon Damage Fee of $50 /tonne works out to an "additional direct cost" of only 66 cents per person per day. Dear Premier and Ministers we ask you, "At what price is our survival?"
Right now we have a once in a lifetime opportunity to actually achieve our dream of a survivable world, not just an opportunity to fight for it. Time is running out and we in Alberta may never have a chance like this again. I ask you to please do not let this slip through our fingers.