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Cap and Dividend: Charge Polluters for Ruining Shared Atmosphere

Peter Barnes, author of Climate Solutions: A Citizen’s Guide, was recently quoted on The New York Times DotEarth blog by columnist Andrew Revkin in an article discussing the differences between the Cap-and-Trade approach to reducing greenhouse gas emissions and the Cap-and-Dividend approach.

From the article:

I wrote about the cap and dividend climate strategy several times in January when it was floated by Peter Barnes, a pioneer in socially and environmentally focused investing. Mr. Barnes says the only approach that guarantees deep cuts in carbon dioxide emissions is to sell a steadily declining number of permits to emit the gas — forcing polluters to pay the full cost of using the shared atmosphere — and returning the revenue to citizens in a streamlined way, as in the Social Security system.

[…]

In Dr. Hansen’s approach, a straightforward rising tax is imposed on the carbon content of fuels, instead of Mr. Barnes’s notion of a shrinking supply of purchased, and traded, permits. But the basic concept, making polluters pay while shielding consumers from rising costs, is the same.

[…]

This morning, I asked Mr. Barnes for his reaction to Dr. Hansen’s hybrid. He said it was great. “Whether a tax or cap, it amounts to the same thing in terms of the impact on prices” of fossil fuels, he said. “In the end, Congress will choose, and I think they’ll choose a cap.”

Read the full article here.


A Minority President: Why the Polls Failed, And What the Majority Can Do

What’s next for the majority of voters who didn’t vote for Donald Trump? There are plenty of takeaways from the 2016 presidential election, but here is perhaps the most thorough examination of why the polls failed, why Hillary Clinton’s campaign failed, and what the majority of voters can do going forward. George Lakoff is the […] Read More

Prehistory of the Next American Revolution

What now? A new Revolution? If we are to counter the dangers both of corporate domination and of traditional forms of socialist statism, decentralization is essential—both of economic institutions and of political structure. We are at a point in our nation’s history that could, decades from now, be taught as the prehistory of the next […] Read More

The Seven-Point Protocol for a Lean Economy

In the future, what will our local economies look like? How will they function if there is little, to no, state or national support? The late David Fleming envisioned a post-capitalistic society that we could call “deep local” — in which all needs are met at the local level — from income to social capital […] Read More

Happy Holidays from Chelsea Green Publishing!

Today we kick off our Holiday Sale — with 35% off every purchase at our online bookstore. Simply use the code CGS16 at checkout from now until the end of the year. Along with this great discount, we are offering free shipping on any order over $100*. Are there homesteaders or organic gardeners on your […] Read More

You won’t have a revolution if you don’t ask for one. So, what are you waiting for?

Get ready for the era of Big Organizing. In Rules for Revolutionaries, authors Becky Bond and Zack Exley lay out the 22 Rules the fueled the Bernie Sanders campaign and which provide a way forward for activists looking for ways to move forward post-Election Day. This model, which the authors call “Big Organizing” is the […] Read More
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