caps carbon pollution and reduces CO2 emissions gradually but steadily, auctions carbon pollution permits to the first sellers of oil, coal, and natural gas into the U.S. market, and returns 100 percent of the auction proceeds electronically each quarter to every American with a valid Social Security number in the form of a Healthy Climate Dividend. On an economy-wide level, the price signal placed on carbon pollution will accelerate innovation and incentivize both greater energy efficiency as well as greater use of lower-carbon energy alternatives.Rep. Van Hollen also has a factsheet and an infographic on the bill, and has written an op-ed for the Huffington Post.
Wednesday, July 30, 2014
A Healthy Climate and Family Security: Who Would have Thought?
Today Rep. Chris Van Hollen (D., MD) introduced the Healthy Climate and Family Security Act of 2014. According to a press release the measure: