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February 8, 2021
On Feb. 4 from 12:30 to 1:45 p.m., the University of Maine’s Socialist and Marxist Studies Series held a “Carbon Dividends as Universal Property” talk as the first program in the series for the spring 2021 semester, featuring guest James K. Boyce of the Political Economy Research Institute of University of Massachusetts Amherst and moderated by professor of English and philosophy at UMaine Michael Swacha.
As a part of the Socialist and Marxist Studies Series, the “Carbon Dividends as Universal Property” program was sponsored by the Maine Peace Action Committee of the UMaine Division of Student Life, with support from the College of Liberal Arts and Sciences and the Department of Philosophy.
An Idea Whose Time Has Come
Bernie Baker Sat, 02/06/2021 - 9:00pm
In a recent Op-Ed, “A Litmus Test for the Climate,” James Boyce, of the Political Economy Research Institute, articulated the case for the most effective way to address the climate emergency: “clamping a hard ceiling on the total fossil carbon we let into the nation’s economy and ratchet it down year by year.”
Boyce acknowledges that doing so will inevitably increase fossil fuel prices for consumers, but that increase can be offset by placing a price on carbon that is returned to all households in the form of a monthly dividend check. Such an approach has long been met with criticism in conservative circles and by powerful business lobbies like the U.S. Chamber of Commerce. That is until two weeks ago, when the Chamber shifted its position, telling the
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