How is this legislation fair to businesses, utilities, manufacturer, services, farms?
By giving all of the carbon fee back to the citizens — the end users — consumers will be able to pay the higher prices of goods and services caused by the higher price of fossil fuels. This allows businesses to pass along the increased cost and keep market share. Each year the carbon fee goes up, the dividend goes up as well. Everyone is on a level playing field for the first few years. But if businesses do not become more energy efficient and start converting to green energy they will become less competitive and lose market share. These market forces will drive innovations in green technology, creating new business opportunities to develop, produce, install and service these products. This will create millions of new jobs here in America. American companies will be able to sell these green technologies globally and American companies will become more efficient with the energy they use, making them more competitive worldwide.
Related Questions
- What will be the impact of the development on local services like police, fire and utilities such as water and electric service?
- Providing information to citizens at the Nebraska City Merchants Fair What services does Nebraska City Utilities provide?
- Can businesses and nonprofit organizations promote their products and services on the forums?
