Don't abandon renewable energy
April 25. 2018 7:02PM
To the Editor: I have just read your April 17 article, “NH energy strategy shifts from subsidizing renewables to lowering rates” about the Office of Strategic Initiatives (OSI) 2018 revision of New Hampshire’s 10-year State Energy Strategy.
Then on the website of the OSI, I read the solicited public comments and concluded that close to 100 percent of them favored a rapid move to renewable energy, and most warned against building any more fossil fuel infrastructure.
Next I read the report itself, which emphasized that “New Hampshire policymakers should pursue market-based mechanisms for achieving cost-effective energy, while avoiding preferential quotas and mandates.”
There is a way to honor the sentiments of the commenters and to satisfy the market-based approach of the OSI report.
The commenters were concerned about the costs to all of us of the climate change we are causing by our continued use of fossil fuels.
A solution: Citizen Climate Lobby’s proposal for national Carbon Fee and Dividend legislation that would place a rising fee on fossil fuels at the source (mine, well, port of entry.)
All of the net fees would be returned to American citizens on an equal basis to cushion the blow of rising fuel prices and stimulate the economy.
A predictably increasing carbon price will send a clear market signal that will unleash entrepreneurs and investors in the new clean-energy economy. There will be no need for the government to institute “preferential quotas and mandates.” The market will favor renewable energy.