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WHEREAS, a national carbon tax will benefit the economy, human health, the <br />environment, and national security as a result of correcting market distortions, reducing <br />toxic pollutants, reducing the outflow of dollars to oil-producing countries, and improving <br />the energy security of the United States; and <br />WHEREAS, a phased -in carbon tax on GHG emissions 1) is an efficient, <br />transparent, and enforceable mechanism to drive an effective and fair transition to a <br />renewable energy economy, 2) will incentivize manufacturers, businesses, and <br />consumers throughout the economy to produce and use less fossil fuel, and 3) will <br />stimulate investment in alternative -energy; and <br />WHEREAS, equal monthly dividends (or "rebates") from the funds generated by <br />the carbon tax paid to every American household can help ensure that families and <br />individuals can afford the energy they need during the transition to a GHG-free <br />economy, and these dividends also will stimulate the economy; and <br />WHEREAS, enacting a national carbon tax would make the United States a <br />leader in mitigating climate change and in the clean energy technologies of the 215' <br />century, and would incentivize other countries to enact a similar carbon tax, reducing <br />global GHG emissions; and <br />WHEREAS, a national carbon tax, starting at a low rate and increasing steadily <br />over future years, is a market-based solution that would minimally disrupt the economy <br />while sending a clear and predictable price signal to businesses to develop and use <br />non -carbon -based energy resources; and <br />-3- <br />