Wednesday, 19 November 2008
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  • Step 1. Calculate

    Have scientists and economists calculate the social cost of greenhouse gas emissions



  • Step 2. Charge

    Charge the per-ton cost to all greenhouse gas emitters



  • Step 3. Adapt

    Adapt to climate change and return the rest of the money to the people




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Home The Idea Step 3) Adapt
Step 3) Adapt PDF Print E-mail

Spend the money to adapt to climate change and return the rest of the money to the people


Because most scientists admit that even the most draconian emissions cuts would still fail to completely prevent negative effects from climate change, it is imperative that America be prepared for the inevitable, and use the revenues to adapt to climate change.

The work of the Cato Institute and others have helped us recognize that while anthropogenic climate change may be a reality, that does not mean that the man has the power to simply reverse century-long climate trends at a whim, or should decree economically-harmful emissions cuts that may not even do anything.

However, neither is it an excuse to do nothing about a very real problem.

While most of the money should be returned to the people in the form of an across-the-board income tax cut to ensure a healthy economy, a portion of the carbon tax revenues should support private sector and community-based adaptation projects in low-income localities to scientifically-demonstrated effects of climate change.
 
carbon tax
carbon tax
carbon tax
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