Thursday, May 10, 2012

James Hansen Pushes Fee & Dividend in NY Times Piece

From James Hansen’s landmark article in today’s New York Times: a resounding endorsement of Carbon Fee and Dividend:

"We need to start reducing emissions significantly, not create new ways to increase them. We should impose a gradually rising carbon fee, collected from fossil fuel companies, then distribute 100 percent of the collections to all Americans on a per-capita basis every month. The government would not get a penny. This market-based approach would stimulate innovation, jobs and economic growth, avoid enlarging government or having it pick winners or losers. Most Americans, except the heaviest energy users, would get more back than they paid in increased prices. Not only that, the reduction in oil use resulting from the carbon price would be nearly six times as great as the oil supply from the proposed pipeline from Canada, rendering the pipeline superfluous, according to economic models driven by a slowly rising carbon price."

Spread the word. Ask those you know who care about the environment, the security of our democracy, and the future of our families and communities, to read this article and to share it: