Today Sens. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) announced comprehensive legislation on climate change that would assign a fee on carbon pollution emissions that in turn will fund investments in energy efficiency and sustainable energy technologies such as wind, solar and geothermal. The proposal also would provide rebates to citizens to offset any efforts by oil, coal or gas companies to raise prices.

The legislation would fund investments in sustainable energy technologies.  (iStockphoto)

In his State of the Union Address, President Obama underscored the Administration’s commitment to combating climate change and move toward more sustainable sources of energy. The following is a statement from Marty Hayden, Earthjustice Vice President for Policy & Legislation:

"We commend Senators Sanders and Boxer for introducing legislation that puts a price on carbon pollution, eliminates fossil fuel subsidies and invests in efficiency and renewable energy.

"The momentum is building to meaningfully address this problem as more and more Americans recognize the threat of living in a world where climate change continues unabated. Drought, wildfire and more frequent and intense storms threaten lives and literally cost Americans billions of dollars.

"We are pleased to see Senators Sanders and Boxer leading the charge on legislation to tackle climate change in a comprehensive manner. All parts of our government, Congress and the Administration, have a moral responsibility to do their part to address climate change to protect current and future generations."