The Call, Column 93 – It’s Time to Energize Rhode Island!

1 04 2018

(April 1, 2018)

The Urban Farmer

It’s Time to Energize Rhode Island!

I just wanted to give you all a quick update on some exciting stuff happening in our small but forward-thinking state.

This past Wednesday, I testified in front of the Rhode Island Senate Committee on Environment and Agriculture, along with dozens of others, in favor of the Energize Rhode Island bill.

This bill would form a basic carbon dioxide pricing structure in Rhode Island. That means that for any fossil fuel product sold in Rhode Island, a tax would be levied on the company selling it, based on the carbon dioxide that it would output when burned – this includes gas, heating oil, natural gas, and coal- and natural-gas-derived electricity. The revenue collected from this tax will then be split up, with some of it being reinvested in renewable energy and sustainable infrastructure in our state, and the rest being returned directly to Rhode Island consumers and businesses as a rebate, to counteract the small increase in fossil fuel costs that will result from the tax. I will explain more about the awesome effects of this legislation below, but feel free to go to https://www.energizeri.org/about-the-bill.html for more information about the bill.

This experience of testifying at the State House was exceptionally gratifying for me. For one, the Senate Committee on Environment and Agriculture really, really knows their stuff. I can’t say that enough. They all demonstrated an extensive knowledge on climate change and other environmental issues, and were very vocal in their concerns for the future of our environment, state, and people. Unlike many politicians, they have worked together, both with each other and with the organizations and businesses that have a stake in this legislation, to craft the best CO2 pricing structure they can.

Also, I actually feel pretty confident that this bill may pass this year…after four years of growing in popularity but ultimately not becoming state law. This committee seems very ready to pass the bill, after which it will go to the House and Senate Finance Committees, then the general assembly. There is so much citizen and business support, it seems entirely within the realm of possibility that it will become law in 2018.

But all in all, I think the most gratifying thing was the fact that all of us in the room (short of a few corporate lobbyists who probably didn’t actually personally care) were on the same page, talking on the same level. When I sat at the committee’s table to give my testimony (yes, they actually encouraged us to do that), it felt like I was engaging in this big, 50-person discussion about the future of our planet and state and people. They were actually listening to us – they were actually listening to me, and I to them – and sharing in our concern for the health of the global environment. That was really powerful, and I was very impressed at the Senators that gave me (and probably most others in that room) that feeling…of actually caring.

So now, I want to try to motivate why this law is so important. Like I did for the committee, I will come at this primarily from my perspective as an engineer. This type of legislation is the best way to reduce carbon emissions, while catalyzing the shift towards renewable energies and sustainable infrastructure, and still providing for the wellbeing of taxpayers and small businesses.

Companies – and specifically fossil-fuel companies – make decisions based on the bottom line. But as it stands, they are allowed to abuse our common resource – the global atmosphere – for free. This is called a “negative externality” to their business model, an expense of doing business that, without government protections, they do not have to account for in their financial balance sheets.

Legislation like the Energize RI Act takes the necessary step of internalizing this negative externality, preventing societal freeloading, and removing the unfair advantage being given to producers of polluting, fossil fuel energies but not to those of clean, renewable ones…it simply ensures that environmental harm can’t be caused for free!

And what’s more, this bill will create additional market potential for renewable energy technologies, allowing businesses more freedom to invest early in the energy sources that will power our future. The implementation of this law will drive a huge, necessary shift towards renewable energy by simply allowing businesses to feel the true economic benefits and drawbacks of the energy sources that they decide to sell or use in producing electricity.

So in that way, this legislation is actually very good for small businesses in the State of Rhode Island. It creates a more level playing field, internalizing all costs and benefits associated with an energy-producers’ business decisions, and creates opportunities for energy-related projects that may not otherwise arise.

And of course, this legislation is good for the environment and the people. In (hopefully) passing this, the State Legislature will be helping to grow the renewable energy economy well before scarcity and environmental destruction force us to abandon fossil fuels and find alternatives. They are ushering in a future of plentiful, non-polluting energy sources that could conceivably power human society forever.

When this passes, we will be a national leader on this front. And I don’t know about you, but I am really energized by that thought!

My column appears every other Sunday in The Woonsocket Call (also in areas where The Pawtucket Times is available). The above article is the property of The Woonsocket Call and The Pawtucket Times, and is reprinted here with permission from these publications. These are excellent newspapers, covering important local news topics with voices out of our own communities, and skillfully addressing statewide and national news. Click these links to subscribe to The Woonsocket Call or to The Pawtucket Times. To subscribe to the online editions, click here for The Call and here for The Times. They can also be found on Twitter, @WoonsocketCall and @Pawtuckettimes.

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