“A Bill — To provide for carbon dioxide and other greenhouse gas emission fees”

Senators Whitehouse and Schatz introduced legislation to put a fee on Carbon (via the “American Opportunity Carbon Fee Act”), imposed on all sources, including imports, with fees distributed to the general public. Senator Whitehouse gave a lengthy introduction to the legislation, linked below, and the text is available.

The fee would be US$42/ton of carbon dioxide ($11.45 equivalent per ton of Carbon), beginning in 2015, and increase 2% per year, without end, inflation adjusted. That’s very smart, I think, because it would essentially make Carbon-based energy unaffordable over time, and, so, eventually bring the bill itself into oblivion.

About hypergeometric

See http://www.linkedin.com/in/deepdevelopment/ and http://667-per-cm.net
This entry was posted in carbon dioxide, Carbon Tax, citizenship, climate, climate education, consumption, demand-side solutions, economics, efficiency, energy, energy reduction, forecasting, fossil fuel divestment, humanism, investment in wind and solar energy, meteorology, methane, municipal solid waste, politics, rationality, reasonableness, risk, science. Bookmark the permalink.

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