Charge Polluters; Pay People

This is a long article with links to additional information. Worthwhile reading.

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clipped from dotearth.blogs.nytimes.com Even as Senate Republicans blocked Democrats’ attempt to move forward with global warming legislation today, other approaches to federal climate action have already begun to percolate. James E. Hansen, the NASA climate expert who has long been a bellwether for global warming campaigners, has strongly endorsed one of the less-popular options — a variant on the “cap and dividend” system for cutting greenhouse-gas emissions. It’s also on his Web site at Columbia University (June 4 entry). It’s titled Carbon Tax and 100-Percent Dividend; No Alligator Shoes! In Dr. Hansen’s approach, a straightforward rising tax is imposed on the carbon content of fuels Here are the slides summarizing Dr. Hansen’s “tax and dividend” plan for cutting greenhouse gases the full PowerPoint presentation is here