New research: carbon fee and dividend would reduce poverty and inequality while strengthening the economy
This is a re-post from the CCL blog
Source: skepticalscience.com
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An Idea Whose Time Has Come
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 o...
Source: penbaypilot.com