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.


10 Books to Curl Up With This Winter

William Wordsworth was right when he said, “Nature never did betray the heart that loved her.” Nevertheless, the cold, dark days of winter can still get the best of even Nature’s most tenderhearted admirer. What’s one to do? We here at Chelsea Green have concocted the perfect cabin fever remedy with our suggested winter reading […] Read More..

Top 8 Chelsea Green Books the Self-Styled Oregon Militia Should Read

The ongoing armed militia occupation of the Malheur National Wildlife Refuge in Oregon is showing no signs of ending — so, rather than send them snacks, or sex toys, we had an idea: Send them a book! Better yet, send them several Chelsea Green books. Don’t worry, we’ve picked five key titles that we think […] Read More..

Author David Stroh: First Steps to Becoming a Systems Thinker

Systems thinking is often seen as something relegated to scientific and business analysis – economics, resource depletion, and climate. However, Systems Thinking for Social Change focuses on how to use systems thinking to make breakthrough progress on intransigent social problems. We asked author David Stroh how this approach can make an impact, and how readers […] Read More..

Use Systems Thinking to Make Lasting Social Change

What can be done when our best intentions create unintended problems—such as temporary shelters increasing homelessness or food aid accelerating starvation?After decades of helping change-makers in the nonprofit, public, and private sectors address tough social problems, systems-thinking expert David Stroh shares the pioneering framework that both demystifies systems thinking and shows how it can lead […] Read More..

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 this fall!With the second Democratic debate to be held on November 14th in Des Moines, it’s […] Read More..
Follow us
Get every new post delivered to your inbox
Join millions of other followers
Powered By WPFruits.com