Legislation: Bills to follow in Green 2019
Wednesday, January 30th, 1:30 pm, Room 304
NH Legislative Office Building
SAY YES TO PUTTING A PRICE ON CARBON IN NH!
• It ensures that the required emission reductions will take place to keep carbon emitters within their pre-allocated carbon budget or pay for carbon credits.
• A price on carbon helps shift the burden for damage from greenhouse gas emissions back to those who are responsible for it and who can reduce emissions.
• A cap-and-trade system – caps the total level of greenhouse gas emissions and lowers the cap over time. Companies are allowed a limited, and falling, number of emissions permits. Those industries with low emissions are able to sell their extra allowances to larger emitters. By creating supply and demand for emissions allowances, an ETS establishes a market price for greenhouse gas emissions.
• A carbon tax directly sets a price on carbon by defining a tax rate on greenhouse gas emissions and the carbon content of fossil fuels. It is different from an ETS in that the emission reduction outcome of a carbon tax is not pre-defined but the carbon price is.
• NHDES and the State of New Hampshire are participating in the Regional Greenhouse Gas Initiative (RGGI) with other Northeast and Mid-Atlantic States. RGGI is a regional plan to implement a flexible, market-based program to reduce carbon dioxide (CO2) emissions – a major cause of global warming – from power plants in the Northeast and Mid-Atlantic states. New Hampshire and nine other states have adopted laws and/or regulations to establish a framework for implementing RGGI in their respective states.
When you write to the senators sponsoring this bill, please thank them for their support of a carbon fee, let them know you're an ECHO Action member and ask them to rescind their support of the Granite Bridge Pipeline and LNG tank.
WHAT IS A CARBON FEE?
Want to learn more about the carbon fee & dividend law Citizens Climate Lobby is working to achieve nationwide? (and globally!)
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Rep. Lee Oxenham
Sen. Martha Fuller Clark
Sen. David Watters
EMAIL the Science, Technology & Energy Committee plus the bill sponsors
• Copy and paste this list into your email and send!
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