Gov. Eric Holcomb should be commended for recognizing Sept. 20-24 as Clean Energy Week in Indiana.
As his proclamation recognizes, clean energy helps drive economic growth in the Hoosier State. But investment in clean energy is also very popular, with a Pew Research Center poll reporting that 79% of Americans think that our country’s priority should be developing alternative energy sources like clean wind and solar energy.
One way of encouraging innovation in clean energy is to put a price on carbon, which promotes research and development and also speeds up the adoption of new techniques and energy sources by making fossil fuels more expensive. Pricing carbon would allow Indiana and our nation as a whole to demonstrate what Holcomb’s proclamation calls for: “American energy leadership and dominance in the global marketplace.”
At the same time it would ensure a supply of cheap, reliable, and abundant energy right here in Indiana. And putting a price on carbon, when combined with a dividend to citizens that would help offset any increased costs, is incredibly popular with both economists and everyday folks of both parties.
A University of Maryland study reports that 62% of registered voters favor a carbon fee and dividend approach. Rep. Jim Baird and Sens. Mike Braun and Todd Young can help spur these clean energy innovations and show American leadership by supporting carbon pricing at the federal level.
West Lafayette, Ind.