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I think the idea put forth in the Conservatives for Climate Change Action is that instead of the proceeds from the carbon tax accessed on US carbon producers (a
by jpao79 9y ago
I think the idea put forth in the Conservatives for Climate Change Action is that instead of the proceeds from the carbon tax accessed on US carbon producers (and indirectly average US consumers/citizens) going to developing countries for unspecified environmental activity (Obama pledge the US would provide $1B to developing countries), the carbon tax proceeds would be pumped back into the US economy via annual $4000 dividend going to average US consumers/citizens.
- aoeusnth1 9y ago$1B is pocket change. $1B divided over the US population is about $3 (once? or per year? it doesn't matter). So... US citizens get a $3997 dividend. Or slightly less, if we want to fund research into say, Thorium reactors, smarter power grids, solar cells, power storage, wind, etc.