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Letter: Consider a resource-depletion tax

To the Editor:

 

The Herald has written about the Brown Divest Coal Campaign being renamed Fossil Free Brown, but why not look back at the idea of a resource-depletion tax applied to all fossil fuels, as proposed by David G. Wilson, now an emeritus professor of mechanical engineering at the Massachusetts Institute of Technology? His plan included paying the income to everyone, equally — if people acted to minimize their own fossil fuel use, they would individually be rewarded, so there’s a direct and individual incentive. And it would be kept out of the hands of politicians, whose only role would be to set the rate at a national level.

 

Peter Richardson

Professor of Engineering and Physiology

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