Chelsea Green Publishing

Chelsea Green Blog

Washington Post Endorses “Cap and Return”

The editorial page of the Washington Post Sunday endorsed a policy Peter Barnes has been advocating for a long time now—most notably in his books Who Owns the Sky? and Climate Solutions: A Citizen’s Guide. It’s something the Post calls “Cap and Return” and Peter calls “Cap and Dividend.”

Essentially, to reduce the amount of CO2 entering the atmosphere, the carbon that polluters buy would be taxed before it enters the atmosphere—in the form of permits—and put into a non-profit trust. Then, without the need for a massive government bureaucracy, every red cent of that carbon money would be wired to every American’s bank account.(For a more detailed explanation, visit capanddividend.org.)

The following is an excerpt from the Post story:

THERE ARE two powerful and opposing economic forces buffeting the American people that could undermine efforts to address global warming. Oil prices are the lowest they’ve been since June 2007. This good news at the pump may spell trouble for the environment if drivers return to the roads and reverse months of stunning reductions in gas consumption. Meanwhile, the looming recession will lessen the political will in Washington to pursue policies that would add costs to doing business or take money out of the thin wallets of consumers.

Sens. Barack Obama (D-Ill.) and John McCain (R-Ariz.) have committed to putting a price on carbon-burning fuels such as oil and coal through a cap-and-trade system of declining emissions allowances that would be auctioned off to polluters. We agree with Mr. Obama’s plan to auction 100 percent of the allowances to reach the goal of an 80 percent reduction in greenhouse gas emissions below 1990 levels by 2050. But how to accomplish this without exacerbating the recession? No problem. Return to the American people every penny of the trillions of dollars expected to be generated by these sales.

This is not a radical notion. In Canada, British Columbia already does what we are proposing. An economy-wide carbon tax was imposed in the province in July. The $1. 85 billion in Canadian dollars that it is expected to generate over the next three years will go back to the population in the form of reduced tax rates for all residents, corporations and small businesses. A climate action credit will be distributed to the poor to help with rising energy costs.

Read the whole article here.


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..

Books in the News: ‘The Tao of Vegetable Gardening’ & More!

What does Taoism have to do with gardening? That question is being answered in The Washington Post this week with a lengthy profile of Chelsea Green author Carol Deppe—gardener, plant breeder, seed expert, and geneticist based in Oregon—and her new book The Tao of Vegetable Gardening. “Once I read The Tao of Vegetable Gardening, with its […] Read More..