Category: Pricing Carbon, Paying Dividends

From the Chesapeake Climate Action Network, Mike Tidwell, Director

Compiled and edited by Ted Glick, CCAN National Campaign Coordinator

March 24, 2011

The Chesapeake Climate Action Network produces and distributes this periodic policy update on efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). In December, 2009 these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act. Learn more at http://www.supportclearact.org.

Click here to view past Cap and Dividend Policy Updates.

 

In This Issue:

#1 The State Column on Maria Cantwell’s confirmation as chair of Senate Energy and Natural Resources Subcommittee on Energy

#2 New York Times: California Judge Calls Time Out for Climate Change Law

#3 Sojourners Magazine: Taxes and the Common Good

#4 An open letter to President Obama from the Basic Income Network

#5 The Libertarian Climate Conundrum

#6 Another libertarian for a carbon tax, or the CLEAR Act

#1 The State Column on Maria Cantwell’s confirmation as chair of the Subcommittee on Energy for the second consecutive Congress

“Since coming to the Senate, one of Cantwell’s top priorities has been making our nation’s energy system cleaner, more efficient, and more diverse. She is co-author of the bipartisan Carbon Limits and Energy for America’s Renewal (CLEAR) Act, a breakthrough bipartisan, alternative climate bill which uses a simple, market-based system to spur clean-energy job growth, protect Americans from energy price increases, and reduce global warming pollution. The CLEAR Act’s ‘cap-and-dividend’ framework will harness American innovation and enterprise to create jobs and spur new technologies, guard all low and middle income households from energy rate increases through monthly rebates, get government out of the business of picking energy technology and special interest winners and losers, and avert the worst dangers of global warming.”
For the full article go to: http://www.thestatecolumn.com/state_politics/washington/sen-maria-cantwell-america-must-lead-transition-to-clean-energy-economy/

#2 New York Times: California Judge Calls Time Out for Climate Change Law, by Felicity Barringer

“In faulting the Air Resources Board’s consideration of alternatives, Judge Goldstein sounded like a teacher saying that a student had neglected one essay test question almost entirely: ‘Most notably, the scoping plan fails to provide meaningful information of discussion about the carbon fee (or carbon tax) alternative in the scant two paragraphs devoted to this important alternative. The brief 15-line reference to the carbon fee alternatives consists almost entirely of bare conclusions justifying the cap-and-trade decisions. Informative analysis is absent.’”
For the full article go to: http://green.blogs.nytimes.com/2011/03/22/california-judge-calls-time-out-for-climate-change-law/?scp=1&sq=California%20judge%20calls%20time-out&st=cse

#3 Sojourners Magazine: Taxes and the Common Good, by Chuck Collins

“Perhaps the most critical tax intervention to slow climate change would be to put a price on dumping carbon into the atmosphere, from our transportation, energy, and other sectors. A gradually phased-in tax on carbon would create huge incentives to invest in energy conservation and regional green infrastructure. Proposals include a straight carbon tax or a “cap and dividend” proposal that would rebate 50 percent revenue to consumers to offset increased costs of some products and still generate $52 billion per year.”
For the full article go to: http://wealthforcommongood.org/sojourners-magazine-taxes-and-the-common-good/.

#4 Basic Income Network, open letter from Karl Widerquist

“Basic Income is the simple idea of a small, government-ensured income for all citizens. Many opportunities exist to introduce a similar program at the federal level. The Cap-and-Dividend and Tax-and-Dividend approaches to global warming include a small Basic Income. The inclusion of this dividend can help counter the argument (used against the Cap-and-Trade approach) that taxes on carbon emissions will hurt average American families.”
For the full letter go to: http://www.scribd.com/doc/51206597/null.

#5 The Libertarian Climate Conundrum

“A Fee-and-Dividend approach would be more transparent, less vulnerable to special interest pleading, more conducive to investment in technological innovation (because it would avoid the price volatility produced by cap-and-trade), would be easier to implement within existing trade rules (and would not require a new international agreement for this purpose), and — if implemented as Hansen suggests— be less costly to most Americans. (Emphasis mine) Yes, a Libertarian agrees with James Hansen’s free market approach to dealing with climate change.”
For the full article go to: http://www.skepticalscience.com/news.php?n=648.

#6 Another libertarian for a carbon tax, or the CLEAR Act

“Reason [Magazine’s] Ronald Bailey is sort of the exception. He believes in global warming and favors a carbon tax. . . You will not see very many nice things written in Reason about carbon emissions-limiting legislation proposed by congressional Democrats. But Bailey did basically endorse the Cantwell/Collins CLEAR act, which would’ve limited carbon emissions through permit auctions, and that proposal once looked like it had a slight chance at going somewhere.”
For the full article go to: http://www.salon.com/news/politics/war_room/2011/03/08/kochs_global_warming

 

CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to www.chesapeakeclimate.org.

Cap and Dividend Policy Update #22

From the Chesapeake Climate Action Network, Mike Tidwell, director

Compiled and edited by Ted Glick, CCAN Policy Director

December 20, 2010

The Chesapeake Climate Action Network produces and distributes this periodic policy update on efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Last December these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act, S-2877. Learn more at http://www.supportclearact.org.

In This Issue:

#1   Carbon is Forever: new video spoofs James Bond to make a serious point about the best way to curb climate change

#2   Council on the Environment and Jewish Life supports CLEAR Act

#3   Next 10 study shows economy benefits most from cap and dividend system, by David A. Baker, San Francisco Chronicle

#4   More on Next 10 study:  The grand experiment, by Cosmo Garvin, Sacramento News and Review

#5   Laboratories for energy and the environment, by Christine Herzog

#6   Stop free pollution: going beyond cap and trade, by James K. Boyce

#7   Bill McKibben interview:  “Meaningful action will come the day [the federal government] passes a price on carbon.”

#8   Cap and Dividend and property rights

 

#1   Carbon is Forever: new video spoofs James Bond to make a serious point about the best way to curb climate change

 

“Following the collapse of cap-and-trade legislation in the U.S. Senate, interest is shifting to a bipartisan cap-and-dividend bill co-sponsored by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Meanwhile, in Britain, a similar plan called cap-and-share is gaining momentum. It’s identical to cap and dividend except that, instead of cash dividends, people would receive “shares” that they could sell to fossil fuel companies for cash. Last week, the British campaigners released a brilliant James Bond-themed video explaining their plan:”

http://www.onthecommons.org/carbon-forever

#2   Council on the Environment and Jewish Life supports CLEAR Act

“By Advocating for Reduced Greenhouse Gas Emissions, Green Jobs, Increased Energy Independence, and Environmental Protection. COEJL supported the CLEAR Act to reduce greenhouse gas emissions, increase energy efficiency, and build a green economy;”

For the full document go to: 

http://www.coejl.org/COEJL_Report_Building_Jewish_Energy_December_2010.pdf

#3   Next 10 study shows economy benefits most from cap and dividend system, by David A. Baker, San Francisco Chronicle

“The economy would fare best, however, if all the allowances were auctioned and the money were returned to Californians either as income tax relief or an annual dividend check. Giving away the allowances at first would benefit energy-intensive companies, but wouldn’t give as big a boost to the economy as a whole. ‘If you recycle the revenues to households, households would tend to spend a lot of that money on goods and services,’ said Richard Morgenstern, a senior fellow with the Resources for the Future think tank, who co-wrote one of the reports. ‘Channeling the money to the energy-intensive industries may help them, but it doesn’t give you as much bang for the buck as channeling it to people who are going to spend it.’”

For the full article go to:

http://fuelfix.com/blog/2010/12/09/poll-most-californians-support-plan-for-a-carbon-trading-market/ 

#4   More on Next 10 study:  The grand experiment, by Cosmo Garvin, Sacramento News and Review

“The Next 10 study found that if the state were to auction off the allowances and return the revenue to taxpayers (through tax breaks or dividend checks), California would net 109,000 jobs. Not that many to be sure. But by giving the allowances away, California will actually lose a net of 120,000 jobs. That’s because under either scenario, there will be some cost to businesses to comply, and some job loss. But a ‘cap-and-dividend’ program would create a powerful economic stimulus. Citizens would receive the economic benefit of the cap-and-trade system. ‘And they are going to turn around and spend it in the California economy, and churn up economic activity,’ Burtraw explained.

For the full article go to:  http://www.newsreview.com/sacramento/content?oid=1890538

#5   Laboratories for energy and the environment, by Christine Herzog

“Now that Proposition 23 has been shellacked, the California Air Resources Board is also moving forward to implement a cap-and-trade program in 2012 based on Assembly Bill 32 (AB32).  If the proceeds from this cap and trade program would be disbursed to all California citizens – an idea known as cap and dividend, that would make the program hugely popular, and a laboratory experiment that would get the attention of many other states.”

For the full article go to:

http://theenergycollective.com/christine-hertzog/48510/laboratories-energy-and-environment

#6   Stop free pollution: going beyond cap and trade, by James K. Boyce

“Cap-and-dividend is founded on the principle that the air and water belong to all of us.  The policy has several attractions. It provides incentives to cut pollution and drives investment in clean technologies. It protects working families from the impact of price increases resulting from permits on their purchasing power. Most important, by delinking environmental policy from the contentious issue of taxes it just might be a politically viable way to stop the travesty of free pollution.”

For the full article go to: http://triplecrisis.com/stop-free-pollution-going-beyond-cap-and-trade/

#7   Bill McKibben interview:  “Meaningful action will come the day [the federal government] passes a price on carbon.”

To view the short video interview go to: http://www.youtube.com/watch?v=Lz7cAtLuX_g&feature=youtube_gdata

#8   Cap and Dividend and property rights

“[Cap-and-dividend] would be more just and politically less controversial than when government is cashing in (effectively imposing a kind of tax). It would reflect the actual property rights better. And it is unlikely to lose any of the benefits from the other two alternatives (cap-and-giveaway-and-trade and cap-and-auction-and-trade) it builds on. The only problem I see is in convincing some people (especially conservative thinking ones) that
this is not socialism, but the only reasonable opportunity.”

For the full article go to:  http://zielonygrzyb.wordpress.com/2010/12/18/cap-and-dividend/

CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.

Cap and Dividend Policy Update #23

From the Chesapeake Climate Action Network, Mike Tidwell, director

Compiled and edited by Ted Glick, CCAN Policy Director

January 25, 2011

The Chesapeake Climate Action Network produces and distributes this periodic policy update on efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). In December, 2009 these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act. Learn more at http://www.supportclearact.org.

In This Issue:

#1.  Scientific American editors support CLEAR Act

#2.  Senator Cantwell questions Douglas Holtz-Eakin

#3.  A Fair Way to Prevent Climate Change and End Poverty

#4.  Cap-and-Trade’s Last Hurrah

#5.  The Common Good

#1.  Scientific American editors support CLEAR Act:  “Opponents of proposals to cap carbon emissions argue that such measures would be a drag on the economy. But action on climate change is simple prudence. Doing nothing carries risks that outweigh the cost of phasing out emissions. Politicians should accept that calculation because the science that supports it is strong. They should also consider adopting sensible, market-friendly climate and energy measures. Options include the bipartisan ‘cap and dividend’ bill proposed by Senator Susan M. Collins of Maine and Senator Maria Cant­well of Washington State—a revenue-neutral approach that would auction carbon permits and return the proceeds to taxpayers—and a low-carbon-electricity standard, which would give states more options for generating clean power.” For the full article go to:

http://www.scientificamerican.com/article.cfm?id=a-political-wish-list

#2.  Senator Cantwell questions Douglas Holtz-Eakin:  On July 14^th of last year Senator Maria Cantwell questioned Douglas Holtz-Eakin, who was John McCain’s chief economic policy advisor during his 2008 Presidential campaign. Holtz-Eakin is also a former Director of the Congressional Budget Office. The questioning took place during a hearing of the Senate Finance Committee. To see the four minute video click here:

http://mariacantwell.on-the-rag.com/2011/01/15/watch-expert-says-climate-bill-like-cantwells-clear-act-better-than-epa-regulation/

#3.  A Fair Way to Prevent Climate Change and End Poverty, by Rene Heeskens:   “Prevention of climate change can be used to finance poverty eradication. How? By giving all people worldwide a dividend paid from the revenue of auctioning CO2 permits. Such an ‘earth dividend’ could provide all people with a minimum monthly payment sufficient for basic needs. Poverty eradication and environmental protection could then go hand in hand. Such a system is generally referred to as ‘cap and dividend’.” For the full article by the Managing Director of the Global Basic Income Foundation, go to:

http://www.thinkafricapress.com/article/fair-way-prevent-climate-change-and-end-poverty

#4.  Cap-and-Trade’s Last Hurrah: “Other Republicans may think it better to wait before re-establishing the party’s green credentials. Lisa Murkowski of Alaska, for example, is happy to talk about climate as a problem, and talks about the desirability of some sort of carbon restriction—perhaps a tax, or some version of Maria Cantwell’s “cap-and-dividend” scheme. But she expresses no great urgency about the subject.” For the full article go to:

http://energydeals.wordpress.com/2011/01/21/cap-and-trades-last-hurrah/

#5.  The Common Good, by Wendy Gordon: “If we’re able to move from corporate ownership of the sky to common ownership, then rather than ‘subsidizing’ industry to dump carbon freely into the atmosphere, we’d be able to collect ‘rent’ from polluters and share it amongst all of us. Such a proposal came before Congress in 2010, but was shelved along with all other energy/climate proposals.” For the full article go to:

http://www.onearth.org/blog/the-common-good

 
CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.

From the Chesapeake Climate Action Network, Mike Tidwell, director

Compiled and edited by Ted Glick, CCAN Policy Director

February 16, 2011

The Chesapeake Climate Action Network produces and distributes this periodic policy update on efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). In December, 2009 these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act. Learn more at http://www.supportclearact.org.

In This Issue:

#1  New Hope for Bridging America’s Economic Divide, by Dedrick Muhammad and Chuck Collins

#2  WORLD OIL OUTLOOK 2010: Energy and climate change policy impacts in Europe and US

#3  Can Cantwell and Collins CLEAR up US energy policy?

#4  Time to Change What We Tax, by Bob Inglis

#5  How Do the Costs of Climate Policy Affect Households?, an RFF study

#6  Fair Sharing of Our Common Heritage, by James Boyce
 

#1  New Hope for Bridging America’s Economic Divide, by Dedrick Muhammad and Chuck Collins

“Paying the Owners (All of Us) for Using Natural Resources. Historically, polluters have dumped their waste into the natural commons without cost. If we charge for the use of our shared natural resources, we create both incentives to reduce pollution and a revenue stream for programs like those described above. This is at the heart of the commons-based cap-and-dividend proposal to curb climate change.”
For the full article go to: http://www.commondreams.org/view/2011/01/27-7

#2  WORLD OIL OUTLOOK 2010: Energy and climate change policy impacts in Europe and US – UPDATE 10

“Another approach put forward is the so-called ‘cap and dividend.’ Under this approach, carbon revenues generated would in the main be passed back to consumers/taxpayers in the form of a ‘dividend.’ Thus the scheme would, in principle, change how taxpayers were taxed – higher costs on energy in return for lower effective taxes elsewhere. As an example, the CLEAR Act would pass back 75% of the carbon allowance auction revenues to all US individuals except the wealthiest 20%, who are also likely to be the largest energy consumers. The remaining 25% would be leveraged for an energy and climate fund dedicated to supporting key climate change programs.”
For the full article go to: http://www.ordons.com/reports-a-analisis/energy-analisis/9823-world-oil-outlook-2010-energy-and-climate-change-policy-impacts-in-europe-and-us-update-10.html

#3  Can Cantwell and Collins CLEAR up US energy policy?, by Joel Connelly, Seattle PI

“A bipartisan team of Sens. Maria Cantwell, D-Wash., and Susan Collins, R-Maine, are hoping a more modest, potentially popular plan will sell in the new Congress. With gas prices going up, and U.S. oil supplies dependent on unstable countries, Cantwell believes the country needs to act – now. ‘CLEAR is a 39-page outline for a peaceful transition off fossil fuels and onto other energy sources: I believe the American people know the transition is going to happen, has to happen,’ Cantwell told seattlepi.com.”
For the full article go to: http://blog.seattlepi.com/seattlepolitics/2011/02/05/can-cantwell-and-collins-clear-up-u-s-energy-policy/

#4  Time to Change What We Tax, by Bob Inglis, in the Houston Chronicle

“There’s a conservative way to win the triple play. It’s a solution that hasn’t gotten much attention inside the Washington Beltway:

• Reduce taxes on income/payroll, or pay an energy dividend so families would have money to pay for energy innovation;
• Shift the same amount of tax to a tax on pollution and follow the principle of un-taxing that which we want more of and taxing that which we want less of; and
• Apply the tax to imported goods as well as domestically produced goods to keep things fair for American manufacturers.”

For the full article go to: http://www.chron.com/disp/story.mpl/editorial/outlook/7426036.html.

 

#5  How Do the Costs of Climate Policy Affect Households? The Distribution of Impacts by Age, Income and Region By Joshua Blonz, Dallas Burtraw and Margaret Walls

“A new study just released by Resources for the Future finds that, among other things, a) giving allowances away for free to industry, based on output, emissions, or some other measure, is generally inefficient and regressive, as the value flows to shareholders who are predominantly in higher-income households; b) auctioning allowances and giving a lump-sum, per-capita dividend as a rebate to households—the so-called “cap-and-dividend” approach found in Cantwell-Collins—is progressive, benefiting low-income households relatively more than higher-income households; and c) middle-income households have the highest burden as a percentage of income under Waxman-Markey, and do fine under Cantwell-Collins.”
To see the full study go to: http://www.rff.org/RFF/Documents/RFF-DP-10-55.pdf

#6  Fair Sharing of Our Common Heritage, by James Boyce

“As an example of how this dimension of the common heritage principle could be translated into effective policy, consider the ‘cap-and-dividend’ climate bill that was introduced a year ago in the U.S. Senate by Maria Cantwell (D-Wa) and Susan Collins (R-Me), a bill they plan to reintroduce in the new Congress with additional sponsors….  If enacted into law, this cap-and-dividend policy not only will curb carbon emissions, it also will translate into very concrete practice – and into people’s pocketbooks – the principle that our country’s share of limited capacity of the Earth’s atmosphere to absorb carbon emissions belongs to all Americans in common and equal measure.”
For the full article, go to: http://realclimateeconomics.org/wp/archives/749#more-749

 

CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org.

From the Chesapeake Climate Action Network, Mike Tidwell, director

Compiled and edited by Ted Glick, CCAN Policy Director

October 19, 2010

The Chesapeake Climate Action Network produces and distributes this periodic policy update on efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Last December these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act, S-2877. Learn more at http://www.supportclearact.org.

To view past Cap and Dividend Policy Updates go to: http://www.chesapeakeclimate.org/template/page.cfm?id=548

In This Issue

Common Dreams:  “Notes on Environmental Communication,” by George Lakoff:  “Support the Cantwell-Collins CLEAR ACT now. Every adult citizen gets a significant financial dividend as the carbon pollution is cleaned up. There are only a couple of thousand distribution points for carbon fuels in America, and they are already monitored. To sell polluting fuels, each company would have to buy dumping permits for the pollution to be dumped into the air. The number of permits would be reduced each year, cleaning the air and producing a market in permits. The permit money would go, three-quarters to adult citizens equally, and one-quarter to alternative fuel development and repairing previous environmental destruction. Most people will make money, even if fuel prices go up. That money will be spent and will create jobs all over the nation. The bill is 39 pages long. Read it.”

For the full article go to: http://www.commondreams.org/view/2010/09/28

Yes! Magazine: “A Climate Bill That Can Pass,” by Peter Barnes:  “The CLEAR Act, a.k.a. cap and dividend, has the potential to attract Republicans because it’s the opposite of a tax¬¬—it makes most Americans financially better off. Moreover, it’s entirely market-based: it raises carbon prices but keeps government out of the dicey and costly role of picking winners. Best of all, its cap-and-cash-back mechanism can be easily understood by skeptical American voters.”   

For the full article go to: http://www.yesmagazine.org/issues/a-resilient-community/clear-act-a-climate-bill-that-can-pass

Huffington Post: “Climate Solutions from Climate Deniers?,” by Keith Harrington:   “Hopefully, this time around, lawmakers won’t waste any more precious time promoting their dead-end climate prescriptions. Instead, maybe they’ll wake up to the real post-partisan solutions — solutions like Senators Maria Cantwell (D-Wash.) and Susan Collins’ (R-Maine) cap-and-dividend bill, the CLEAR Act, which even in the current political climate has a much better chance at passing, and certainly has a much better chance to put the brakes on climate change than the AEI-Brookings blueprint.”

For the full article go to:  http://www.huffingtonpost.com/keith-harrington/postpartisan-bunk-climate_b_765471.html

The New Yorker: “As the World Burns,” by Ryan Lizza:  “Another prospect was Susan Collins, the other Republican from Maine. She was the co-sponsor of a separate climate bill, with Maria Cantwell, a Democrat from Washington. Their bill, known as “cap-and-dividend”—the government would cap carbon emissions and use revenue from polluters to compensate taxpayers for energy-rate hikes—gained some environmental support. Kerry, Graham, and Lieberman believed that the bill was unworkable and was stealing valuable attention from their effort. They spent months trying to figure out how to kill it and win over Collins. Eventually, Graham and Lieberman’s offices devised a ruse: they would adopt a crucial part of the Cantwell-Collins bill on market regulation in the official bill. Then they would quietly swap it out as the legislation made its way to the Senate floor. Collins, however, never budged.”  

For the full article go to: http://www.newyorker.com/reporting/2010/10/11/101011fa_fact_lizza?printable=true

CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.

From the Chesapeake Climate Action Network, Mike Tidwell, director
Compiled and edited by Ted Glick, CCAN Policy Director

November 10, 2010

The Chesapeake Climate Action Network produces and distributes this periodic policy update on efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Last December these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act, S-2877. Learn more at http://www.supportclearact.org.

In This Issue:
#1  Huffington Post:  Australia’s Hazardous Road to Climate Action, by Peter Boyer
#2  Congress.org:  Environmentalists Plan Fresh Start, by Ambreen Ali
#3  Huffington Post:  Who Do You Want to Fight With Next Year?, by Bill Scher
#4  OpenSecrets.org:  Koch Industries Continue to Expand Influence, by Evan Mackinder and Michael Beckel
#5  Huffington Post:  Think Prop 23 is Bad? So is Prop 26, by Mike Sandler

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#1  Huffington Post:  Australia’s Hazardous Road to Climate Action, by Peter Boyer
“Under Julia Gillard, the Australian government has shown signs that it is prepared to shift ground on climate policy, perhaps even to embrace an interim carbon tax arrangement – similar to James Hansen’s “fee-and-dividend” proposal – that the Greens had taken to the election, in the likely event that a market-based mechanism will take a long time to bed down.”

For the full article go to: http://www.huffingtonpost.com/peter-boyer/australias-hazardous-road_b_778483.html

#2  Congress.org:  Environmentalists Plan Fresh Start, by Ambreen Ali
“’There was a need for a course correction anyway as far as the dominant approach taken in this Congress,’ he said. ‘It could be that both parties cool their heads [after elections]. ’Glick’s group [CCAN] favors a cap-and-dividend model—which has  bipartisan support from Sens. Maria Cantwell (D-Wash.) and Susan Collins (R-Maine)—as opposed to the cap-and-trade bill passed by House Democrats last year.”

For the full article go to: http://www.congress.org/news/2010/11/02/environmentalists_plan_fresh_start

#3  Huffington Post:  Who Do You Want to Fight With Next Year?, by Bill Scher
“So, what fights do you want? Do you want to debate how much more government is needed to boost the economy? Or whether government is needed at all? Do you want to debate cap-and-trade versus cap-and-dividend? Or whether global warming even exists? Quite frankly, the latter is kind of tempting. Simple fights with a clear winner at the end.”

For the full article go to: http://www.huffingtonpost.com/bill-scher/who-do-you-want-to-fight_b_775986.html

#4  OpenSecrets.org:  Koch Industries Continue to Expand Influence, by Evan Mackinder and Michael Beckel

“Though the election seems to have disrupted Democratic plans for comprehensive energy legislation, Koch still made several bills a priority, including the House-approved American Clean Energy and Security Act of 2009, otherwise known as the Waxman-Markey ‘cap-and-trade’ bill, and the Carbon Limits and Energy for America’s Renewal (CLEAR) Act, another version of the clean energy legislation that Democrats tried to put forward in the Senate, which used a ‘cap-and-dividend’ approach.”

For the full article go to: http://www.opensecrets.org/news/2010/10/koch-industries-continues-to-expand-1.html

#5  Huffington Post:  Think Prop 23 is Bad? So is Prop 26, by Mike Sandler
“The transition to a green economy won’t be free, but as the Climate Protection Campaign’s Barry Vesser notes, ‘All economic transitions have costs, so the question is who pays. The answer is easy: polluters. The oil and coal companies that introduce fossil fuels into the economy should be forced to buy permits, and a majority of the proceeds should be rebated to California citizens to help with higher energy costs. This is called cap and dividend.’ Oil companies’ economic fear tactics can be countered with dividends, and in the short term, by voting no on Propositions 23 and 26.”

For the full article go to: http://www.huffingtonpost.com/mike-sandler/think-prop-23-is-bad-so-i_b_772339.html

CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.

From the Chesapeake Climate Action Network, Mike Tidwell, director

Compiled and edited by Ted Glick, CCAN Policy Director

December 6, 2010

The Chesapeake Climate Action Network produces and distributes this periodic policy update on efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Last December these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act, S-2877. Learn more at http://www.supportclearact.org.

In This Issue:
#1  Should Carbon Pricing Advocates Support the Cap-and-Dividend Bill?, by James Handley
#2  Tax Pollution, Not People, by Robert Malin
#3  Clean Coal: Climate Solution or Oxymoron?, by Marc Gunther
#4  Global Warming Coming on Rapidly, Scientists Say, by Sherwood Ross
#5  From Politico Morning Energy, November 18th
#6  Quakers Present Cantwell with Peace Award
#7  Cap and Giveaway, by Cosmo Garvin

#1  Should Carbon Pricing Advocates Support the Cap-and-Dividend Bill, by James Handley:  “The [Carbon Pricing] Conference has sparked a flurry of substantive and strategic discussions. For example, cap-and-dividend advocate Peter Barnes is imploring us to align the Carbon Tax Center with the CLEAR cap-and-dividend bill introduced in December 2009 by Senators Cantwell (D-WA) and Collins (R-ME). Their cap-and-dividend concept is certainly a quantum improvement over the cap/trade/offset model that some of the mainstream environmental groups rode to defeat (again) in 2009-2010. Yet both the concept and the particulars of the CLEAR bill fall far short of what we at CTC believe is required in carbon-pricing legislation.”

http://www.carbontax.org/blogarchives/2010/12/02/should-carbon-pricing-advocates-support-the-cap-and-dividend-bill/

#2  Tax Pollution, Not People, by Robert Malin:     “It is clear we need a response that is equal to the real conditions on the ground both in terms of preserving our biosphere for life on the planet and politically where it is mired in the swamp of the US Senate. Taking this ‘back to basics’ direction are Senators Maria Cantwell (D-WA) and Susan Collins (R-ME) with the Carbon Limits and Energy for America’s Renewal (CLEAR) Act.  However their bill needs improvement– the mandatory greenhouse gas limits are insufficient to set us on an emissions path which would reduce carbon concentrations to 350 ppm, a level that scientists say is needed to prevent the worst effects of climate change.”

For the full article go to:  http://rifuture.org/tax-pollution-not-people.html

#3  Clean Coal: Climate Solution or Oxymoron?, by Marc Gunther:     “The truth is banal but worth remembering: that no one can confidently predict the energy future. This would argue for an energy policy that avoids betting on any particular technology, but provides a broad incentive–i.e., a carbon tax or simple cap-and-dividend scheme–to drive investment in a low-carbon future.”

For the full article go to:  http://theenergycollective.com/marcgunther/47280/clean-coal-climate-solution-or-oxymoron?utm_source=feedburner&utm_medium=feed&utm_campaign=The+Energy+Collective+%28all+posts%29&utm_content=Google+Reader

#4  Global Warming Coming on Rapidly, Scientists Say, by Sherwood Ross:  “McKibben said the Congress has not yet taken any meaningful action on global warming, adding that it will come ‘the day we attach a price to carbon. So far we haven’t done that.’ He goes on to say, ‘I think the most likely plan is now what we’re calling Cap and Dividend, which in effect puts a tax on carbon and then takes that money and funnels it directly back to consumers. Basically, it lets them own the sky instead of Exxon-Mobil. That’s a good plan and it has some political legs, maybe, (anyway) we’ll see.’”

For the full article go to:  http://www.americanpendulum.com/2010/11/global-warming-coming-on-rapidly-scientists-say-by-sherwood-ross/

#5  From Politico Morning Energy, November 18th:      FUTURE DIVIDENDS – Sen. Maria Cantwell told POLITICO yesterday there might be room for the cap-and-dividend bill she co-sponsored with Susan Collins to make a comeback now that cap-and-trade has collapsed. “We just talked today on the floor about it and we’re going to get together and see,” she said. “I think we’re going to get to a point where people are going to say ‘Wow, the EPA is moving ahead, companies are being regulated in my state, geez is there a better way to do this?’ I don’t know what that will lead to but I know we’re going to get to that discussion.”

#6  Quakers Present Cantwell with Peace Award:  “The Friends Committee on National Legislation (FCNL) (sometimes referred to as the Quakers) honored U.S. Senator Maria Cantwell (D-WA) with the organization’s highest legislative award for her work advancing comprehensive clean energy and climate legislation. In presenting the award, the Friends Committee on National Legislation (FCNL) identified Cantwell’s bipartisan Carbon Limits and Energy for America’s Renewal (CLEAR) Act as ‘a pathway to environmental balance and the peaceful prevention of deadly conflict.’”

For the full article go to:  http://politicalnews.me/?id=6638&keys=Senator-Maria-Cantwell-CleanEnergy

#7  Cap and Giveaway, by Cosmo Garvin: “A CARB-assembled panel of economists and other experts earlier this year said exactly that: the system would work best if the state auctioned carbon allowances instead of giving them away. In fact, the committee even suggested a sort of ‘cap and dividend’ system by which taxpayers would get money from the fees collected, as part of their tax refunds. At the time, the state estimated it could collect more than $2 billion a year in revenue from the fees.”

For the full article go to:  http://www.newsreview.com/sacramento/content?oid=1873113

CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.

From the Chesapeake Climate Action Network, Mike Tidwell, director
Compiled and edited by Ted Glick, CCAN Policy Director

August 4, 2010

The Chesapeake Climate Action Network has launched a weekly policy update about efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Last December these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act, S-2877. Learn more at http://www.supportclearact.org.

To view past Cap and Dividend Policy Updates go to: http://www.chesapeakeclimate.org/template/page.cfm?id=548

Since August 5th: With Congress in recess and with election campaign season in full swing, little-to-nothing has been happening on Capitol Hill to advance climate legislation. When Congress returns next week, the odds are long that much will happen. Many climate and environmental groups are reassessing what their strategies should be going forward. The articles below indicate that the cap-and-dividend approach to comprehensive climate legislation continues to gain attention and support.

In This Issue:

1.  Open Secrets: CLEAR Act approach keeps “popping up for discussion”

2.  E&E News: Economics for Equity and Environment group supports cap and dividend approach

3.  E&E TV, On Point:  Harvard study author on cap-and-trade experiences

——————————————————–

1.  Open Secrets: CLEAR Act approach keeps “popping up for discussion”

“’We have kept an eye on this bill for our clients because Sens. Cantwell and Collins are serious legislators,” said Deborah Sliz, chief executive officer of the lobbying firm Morgan Meguire, which has reported lobbying on the CLEAR Act for its clients, City Utilities of Springfield and the Northeast Public Power Association since January. ‘This is an innovative approach that has kept popping up for discussion.’ ‘We have as a company tried to identify and support legislation that addresses climate change and greenhouse gas emissions in an effective manner that is not onerous to our customers,’ added Roger Thompson, a spokesman for Puget Sound Energy, which is also backing the CLEAR Act and lobbied on the measure since the third quarter of 2009.

For the full article go to: http://www.opensecrets.org/news/2010/08/bipartisan-bill-to-price-carbon.html

2.  E&E News: Economics for Equity and Environment group supports cap and dividend approach

“Kristin Sheeran, head of the E3 Network, said if it were put to a popular vote, cap and dividend would get more support than current policies. ‘I can’t imagine why a dividend type of approach wouldn’t appeal to them more than cap and trade, where most of the allowances are given away,’ she said. Sheeran and her colleagues hold out little hope for a climate policy this Congress, but in the longer term, she said, new ideas will have to come to the fore. She lamented the number of cap-and-trade efforts that have been designed in recent years to get ‘political buy-ins,’ only to fail. ‘It hasn’t seemed to work, has it?’

For the full article go to: http://supportclearact.com/news/can-stiff-carbon-price-and-generous-rebate-policy-change-energy-use-ee-news-saqib-rahim

3. E&E TV, On Point:  Harvard study author on cap-and-trade experiences:

“My own view is that things are largely on the wrong track in the U.S. The cap-and-trade system, which the Europeans have adopted and which we’re talking about, in my judgment, China will not engage in such a scheme and yet we need them. So, we need to think beyond the United States. We need to think about what will work in the world as a whole and we’re not doing that. That’s the major flaw. And then secondarily, if one plays the thought experiment of cap and trade elsewhere in the world, it is an absolute, for the reasons your earlier question suggested, it’s an absolute set up for corruption. So, I think we’re on the wrong track.”

For the full transcript go to: http://www.eenews.net/tv/transcript/1181

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CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.

From the Chesapeake Climate Action Network, Mike Tidwell, director
Compiled and edited by Ted Glick, CCAN Policy Director

July 21, 2010

The Chesapeake Climate Action Network has launched a weekly policy update about efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Last December these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act, S-2877. Learn more at http://www.supportclearact.org.

Since July 4th: Since returning from a week-long recess on July 12th, Senate leadership and the White House have been attempting to come up with off-shore drilling/energy/climate legislation that has a chance of passing in the Senate. Just today, July 21st, 12 U.S. Senators came forward with a public letter to Senator Harry Reid which calls for, among other things, a price on carbon and a return of the majority of the monies raised from it directly to American households. This is similar to what President Obama said on the campaign trail when he was running for office in 2008. Many environmental and climate activists wish that he would play a more active leadership role to advance a climate agenda. In the meantime, Peter Barnes, George Lakoff and others continue advocating for the bi-partisan CLEAR Act, and the former CBO Director Douglas Holtz-Eakin endorses legislation that puts a price on carbon.

In This Issue:
1. Twelve Senators Outline Principles for Comprehensive Climate and Energy Legislation to Majority Leader Reid
2. Politico:  Many greens critical of White House role in climate legislation
3. Peter Barnes: Breaking the Gordian knot on climate legislation
4. George Lakoff: Saving nature is the central issue, the CLEAR Act does it
5. Former CBO head Douglas Holtz-Eakin supports price on carbon and positively references CLEAR Act
6. Michigan paper carries column in support of CLEAR Act

#1  Twelve Senators Outline Principles for Comprehensive Climate and Energy Legislation to Majority Leader Reid

“In a document released on July 21st, 12 U.S. Senators signed onto a letter to Senator Harry Reid which called for legislation that put a price on carbon that “should include the following characteristics:

– A target of at least a 10% reduction in greenhouse gas pollution from 2009 levels by 2020, and an 83% reduction by 2050.  This 1% reduction per year through 2020 is consistent with President Obama’s goal of a 17% overall reduction in greenhouse gas pollution by 2020.  
– Equal or greater investment in energy efficiency and renewable energy as for subsidies given to traditional, non-renewable fuels from revenues raised by establishing a price on carbon.
– Protect consumers by returning a majority of the revenue generated from pricing carbon directly to American households.  
– Retain all existing authorities related to conventional pollutants.  We should not weaken existing pollution laws that protect public health and the environment in exchange for establishing a price on carbon.”

For the full letter go to: http://whitehouse.senate.gov/newsroom/press/release/?id=c8be8858-aa1e-4872-b41e-670fc98b11cb

#2  Politico:  Many greens critical of White House role in climate legislation

“[Senator Harry] Reid, who has repeatedly said that he needs the White House to become more engaged, will huddle Thursday with the Democratic Caucus as he tries to find a path for floor debate, perhaps as early as next week. ‘I think it’s pretty clear we have to do something,’ Reid told reporters last month. ‘The question is what do we do. Now a lot of that depends on what the White House is going to do to help us get something done.’

During last year’s House debate, Obama gave up a campaign pledge to auction off 100 percent of a cap-and-trade program’s valuable compliance allowances, instead accepting free giveaways to different industrial sectors, including power plants and trade-sensitive manufacturers.”

For the full article go to: http://www.politico.com/news/stories/0710/39996_Page2.html#ixzz0uLEgLbiR

#3  Peter Barnes: Breaking the Gordian knot on climate legislation

“The interesting political question is what to do with the 25 percent of auction revenue that isn’t returned to the people. The sums involved aren’t chicken feed: they’d amount to hundreds of billions of dollars over 40 years. The present version of the bill puts that money in a trust fund dedicated to an assortment of climate-friendly purposes. But other uses of this revenue might give the bill more traction while preserving its core virtue — installing a rising price on carbon in a simple, transparent and popular, hence durable, way. What if, for example, that 25 percent was allocated to two grand public purposes: grants to states for job creation and federal deficit reduction?”

For the full article go to:  http://www.grist.org/article/cash-jobs-and-deficit-reduction-a-way-forward-on-climate

#4  George Lakoff: Saving nature is the central issue, the CLEAR Act does it

“Saving nature is the central issue. Carbon fuels destroy nature. The Gulf Death Gusher is the most visible sign. But signs are everywhere. Overall global warming increases hurricanes and floods, destroys habitats for plants, fish, birds, and ground animals, spreads deserts, causes deadly waves, and destroys glaciers and our polar ice caps. The use of carbon fuels has been destroying nature. Our job now is to save it.

Interestingly, there is a short, 39-page bill before the Senate that would allow us to save nature and get paid substantially for doing it. It is the CLEAR bill, first suggested by Peter Barnes, and introduced by Maria Cantwell (D-WA) and Susan Collins (R-ME). It is simple, it works, and it pays you!  “

For the full article go to:  http://blog.buzzflash.com/contributors/3349

#5  Former CBO head Douglas Holtz-Eakin supports price on carbon and positively references CLEAR Act

“If you want to take care of carbon emissions, you should use market forces, as your bill with Senator Collins does. So that there’s a price on carbon and people respond appropriately to innovate new technologies that don’t emit carbon and substitute away from those that do. That’s a much more rational course.”

For more information go to:  http://cantwell.senate.gov/news/record.cfm?id=326389

#6  Michigan paper carries column in support of CLEAR Act

“CLEAR includes provisions that allows for flexibility depending on changes in the scientific understanding of climate change, the need to stabilize carbon equivalents to protect the Earth’s climate, subsequent international obligations, maintenance of international economic competitiveness, success of future carbon sequestration projects, and ensuring an appropriate price for the health of the clean energy sector.  There is also a credit available for voluntary carbon-reduction programs.  The Act has enforcement provisions providing substantial penalties for non-com
pliance.”

For the full article go to: http://www.mlive.com/environment/index.ssf/2010/07/post_33.html

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CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.

From the Chesapeake Climate Action Network, Mike Tidwell, director
Compiled and edited by Ted Glick, CCAN Policy Director

August 4, 2010

The Chesapeake Climate Action Network has launched a weekly policy update about efforts to advance “cap and dividend” legislation in the U.S. Congress. The fight for this climate policy is currently being led on Capitol Hill by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME). Last December these Senators introduced the Carbon Limits and Energy for America’s Renewal Act, or CLEAR Act, S-2877. Learn more at http://www.supportclearact.org.

To view past Cap and Dividend Policy Updates go to: http://www.chesapeakeclimate.org/template/page.cfm?id=548

Since July 22nd: It’s now history: there will be no effort to pass legislation in the Senate on energy policy or preventing future oil spills until, maybe, sometime in September. Two weeks ago Senate Majority Leader Harry Reid announced that the legislation he would be introducing would not include either a cap on greenhouse gas emissions of any kind or a Renewable Energy Standard. As climate and environmental groups gear up to vocally and visibly express concern and anger when Senators and House members are back home in August and September, support for a cap and dividend approach to climate legislation continues to grow. Among those who have come out in support in the last week are David Jenkins of Republicans for Environmental Protection, Jonathan Alter of Newsweek and Joe Klein of Time Magazine. And Bill McKibben’s latest column on the climate crisis puts it all within the bigger context.

In This Issue:

1.  Lee Wasserman in NY Times: Four ways to kill a climate bill.

2.  David Jenkins on FrumForum: Reid and Obama fail to lead

3.  Jonathan Alter in NY Times: Replace ‘cap and trade’ with ‘cap and rebate’

4.  Joe Klein in Time Magazine: There will be an energy bill. . . soon

5.  Bill McKibben: Hot as hell and not going to take it anymore

6.  Phil Sizemore on Daily Kos:  High time to look for an alternative

——————————————————–

1.  Lee Wasserman in NY Times: Four ways to kill a climate bill

“If President Obama and Congress had announced that no financial reform legislation would pass unless Goldman Sachs agreed to the bill, we would conclude our leaders had been standing in the Washington sun too long. Yet when it came to addressing climate change, that is precisely the course the president and Congress took. Lacking support from those most responsible for the problem, they have given up on passing a major climate bill this year.” 

For the full article go to: http://www.nytimes.com/2010/07/26/opinion/26wasserman.html?_r=1&ref=global&pagewanted=print 

2.  David Jenkins on FrumForum: Reid and Obama fail to lead

“Another Republican, Senator Susan Collins of Maine, is co-sponsor of a bipartisan cap-and-dividend climate bill with Maria Cantwell (D-WA). Neither of these bills had clear support from President Obama and Senator Reid.  Neither Obama nor Reid has said much of anything about the Collins-Cantwell bill, the only bipartisan bill in the hopper. Instead of getting behind a specific bill, Obama and Reid spoke in generalities and stood on the sideline with their fingers in the air trying to gauge which way the wind was blowing. Reid would tell bill sponsors that he would allow a vote on their proposal only if they brought him 60 votes. What kind of leadership is that?”

For the full article go to: http://www.frumforum.com/the-dems-climate-change-fail

3. Jonathan Alter in NY Times: Replace ‘cap and trade’ with ‘cap and rebate’

“President Obama shouldn’t — and won’t — be content to rest on his big victories on health care and financial regulation. But ‘putting points on the board’ (his preferred basketball metaphor for politics) requires harder thinking on how to frame the debate around every issue. He could replace ‘cap and trade’ with ‘cap and rebate’ — a crowd pleaser that would put thousands of dollars into the average American’s pocket, often offsetting higher energy prices.”

For the full article go to: http://www.nytimes.com/2010/07/18/opinion/18obama.html?pagewanted=5&ref=contributors

4.  Joe Klein in Time Magazine: There will be an energy bill. . . soon

“’Putting a price on carbon is the only alternative,’ says Senator Maria Cantwell, who has offered a bill–with Maine Republican Susan Collins as co-sponsor–that would force the 2000 top polluters to participate in an auction to purchase the right to spew; 75% of the income would be returned as a ‘dividend’ to taxpayers, the other 25% would go to alternative energy. ‘There’s no question that we will have a bill before the EPA regulations kick in.’”

For the full article go to: http://swampland.blogs.time.com/2010/07/23/there-will-be-an-energy-bill-soon/

5.  Bill McKibben: Hot as hell and not going to take it anymore

“We need a stiff price on carbon, set by the scientific understanding that we can’t still be burning black rocks a couple of decades hence. That undoubtedly means upending the future business plans of Exxon and BP, Peabody Coal and Duke Energy, not to speak of everyone else who’s made a fortune by treating the atmosphere as an open sewer for the byproducts of their main business. Instead they should pay through the nose for that sewer, and here’s the crucial thing: most of the money raised in the process should be returned directly to American pockets. The monthly check sent to Americans would help fortify us against the rise in energy costs, and we’d still be getting the price signal at the pump to stop driving that SUV and start insulating the house.”

For the full article go to: http://www.tomdispatch.com/post/175281/tomgram%3A_bill_mckibben%2C_a_wilted_senate_on_a_heating_planet/

6. Phil Sizemore on Daily Kos:  High time to look for an alternative

“For those of us who would settle for a weaker bill that accomplishes something, but are alarmed by the continual paring back of the climate provisions in Senate bills, it seems high time to look at alternative methods of reaching our goal. Many, like Al Gore, favor a carbon tax. Personally, my eye has been caught by a novel approach offered by Senators Maria Cantwell (D-WA) and Susan Collins (R-ME).”

For the full article go to: http://www.dailykos.com/story/2010/8/2/889790/-Benefits-of-a-Cap-and-Dividend-System

—

CCAN encourages readers of the Cap and Dividend Policy Update to distribute it to others who might be interested. We welcome input on the contents of this publication and ideas for what could be included. Send to Ted Glick at ted@chesapeakeclimate.org. To find out more about CCAN go to http://www.chesapeakeclimate.org.