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Chelsea Green Blog

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.

Let’s Make Bernie Sanders a Bestseller!

As the presidential campaign of Bernie Sanders continues to climb in the polls, crushing online fundraising records and frustrating party insiders and pundits along the way, we’re looking to put Bernie’s message on bestseller lists everywhere in time for the national debates in October and November!With the first Democratic debate to be held on October […] Read More..

Bern Baby Bern!

Feel the Bern, now read the Bern. Chelsea Green is bringing out the first major book chronicling the issues being raised by US Senator Bernie Sanders in his campaign for president of the United States. The Essential Bernie Sanders and His Vision for America is the only book that outlines, in Sanders’ own words and […] Read More..

Economic Development is Broken. Here’s How to Fix It

Economic development today is completely broken. That’s the argument of author Michael Shuman in his new book, The Local Economy Solution. The singular focus on attracting global corporations is not just ineffective but counterproductive, Shuman argues, especially given the huge opportunity costs. Indeed, it’s not far-fetched to suggest that the best way most communities can […] Read More..

5 Shareable Strategies for Creating Climate Action

Frustrated about climate change? You’re not alone. Most people in our society find themselves somewhere on the spectrum of depressed about our climate situation to flat-out denying that it exists. In fact, the more information about global warming that piles up, the less we seem to do to combat it. What is the reason for this […] Read More..

A Mini-Festo for Earth Day – Rebuild the Foodshed

For the past month, author Philip Ackerman-Leist has been on a Twitter MiniFesto campaign – each day sending out a new tweet designed to spark conversation and pass along some lessons he learned whilst working on his last book, Rebuilding the Foodshed. You might also know Philip as the author of his memoir Up Tunket […] Read More..