Simple economics can influence human behavior. Humans listen to the economic sermon of the mighty dollar more than we listen to the moral sermons of right and wrong.
We know it is morally wrong to pollute the atmosphere, as Pope Francis reminds us, yet we persist. Americans need encouragement to take action on climate change, and we can follow the lead of our neighboring Canada, by using economics. Prime Minister Justin Trudeau is on board with international commitments to reduce emissions, mitigating a warming and disruptive climate. It’s no longer free to pollute carbon in Canada. As of the first of April, all provinces are required to have some form of carbon pricing, which in turn will influence their choices for years to come.
Hats off to Canada for leading at this crucial time in history. Canadian Minister of Environment and Climate Change Catherine McKenna stated, “We are all paying the cost of storms, floods, wildfires and extreme heat. Our government is ensuring a price across Canada on what we don’t want, pollution, so we can get what we do want — lower emissions, cleaner air, opportunities for businesses with clean solutions and more money in the pockets of Canadians.”
In the U.S., the Energy Innovation and Carbon Dividend Act, HR763, is gaining traction in the House of Representatives with 27 co-sponsors. Similar to Canada, it would drive down America's carbon pollution and bring climate change under control, while unleashing America’s can-do talent in technology and innovation.