In this SolveClimate video, Peter Barnes and Michael Noble explain the Cap and Dividend solution to climate change the most simple and equitable variation of cap and trade mechanisms currently under consideration in Washington. It protects American families from rising energy prices by providing monthly dividend payments, financed from the sale of carbon permits to polluters. As Barnes asks, what politician is not going to want to send a monthly check to each and every constituent?
Obama never promised to return "most" of the revenue to the people. You don't need "most" to compensate people for increased energy prices. You DO need revenue to invest in clean energy and green infrastructure. Where's that money going to come from?
realish 3 years ago
Now this actually makes sense!
planetenvy 3 years ago