Actions That Will Reduce CO2
Group 1 (helps offset cost of Group 2)
Reduce production of CO2 in transportation
- Implement a $1 per gallon carbon tax on gasoline, diesel fuel, and natural gas
- Increase the per gallon carbon tax $.50 per year for 10 years
Reduce production of CO2 in power generation
- Implement a $20 per ton carbon tax on fossil fuel based electricity production
- Increase the carbon tax $5 per year for 10 years
Group 2
Pull CO2 from the atmosphere (10 year old tree consumes 43 pounds of CO2 per year)
- Plant Trees
- Incentivize the planting of trees
- 50% instant rebate on cost of planting trees
- Stop cutting down trees
- Incentivize the preservation of trees
- Annual credit per year to maintain foliage
Increase the production of Batteries
- Implement a 30% tax credit for the design and production of high capacity, rechargeable Batteries
Increase the production of Solar Panels
- Implement a 30% tax credit for the design and production of Solar Panels
- Implement a 50% instant rebate for home solar and battery installations for 10 years
- Implement a 50% instant rebate for solar and battery installations for utilities and businesses for 10 years
Increase the production of Wind Turbines
- Implement a 30% tax credit for the design and production of Wind Turbines
- Implement a 30% instant rebate for the installation Wind Turbines
Increase the production and consumption of Electric Vehicles
- Implement a 30% tax credit for the design and production of Electric Vehicles (producer credit)
- Implement a 50% instant rebate on electric vehicles (all vehicle types, truck, car, bus, motorcycle, etc.)
- Implement a 25% instant rebate on plug in hybrids with 100 real world miles of electric range (all vehicle types, truck, car, bus, motorcycle, etc.)
Increase the production and availability of EV Charging Stations
- Implement a 30% tax credit for the construction of public Level II electric vehicle Charging Stations
- Implement a 50% tax credit for the construction of public Level III electric vehicle Charging Stations (150kw and up)
- Implement a 50% instant rebate on Level II home and business charging equipment
Constructive suggestions, comments, and recommendations can be sent to
mchamb12@gmail.com. Messages that claim the world is flat or man made climate change isn't happening will be ignored.