Saturday, November 22, 2008

“Carbon tax with 100 percent dividend”- Hansen

A “carbon tax with 100 percent dividend” is required for reversing the growth of atmospheric CO2. The tax, applied to oil, gas and coal at the mine or port of entry, is the fairest and most effective way to reduce emissions and transition to the post fossil fuel era.
-- from Tell Barack Obama the Truth – The Whole Truth by James Hansen.

He says "Criticisms are welcomed."

24 Nov: Andy Revkin quizzes Joe Romm's response

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