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Chris Vance on Energy & Oil

 

 


Cap-and-trade is not the answer; technology is

We need a balanced energy policy that grows our economy while addressing the issue of climate change. Carbon taxes and cap and trade are not the answer. Raising taxes on energy will hurt our economy, and raising taxes on Americans will certainly do nothing to reduce carbon emissions in China and the rest of the developing world.

We need a technology-driven innovation agenda to reduce carbon emissions. The federal government needs to invest heavily in the research and development of new technologies, and work with the private sector and other countries to phase in the required use of new, cleaner technologies. What are these possible new technologies?

Source: 2016 Senate campaign website, ChrisVanceForSenate.com , Oct 9, 2015

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