Submission + - Cap and Dividend to fight global warming (sciam.com)
qval writes: In an older article, Scientific American discusses the benefits of an alternative to the Cap and Trade system John McCain and Barack Obama agreed about during the recent election. Instead of giving away credits, as Europe did, or auctioning off carbon allowance credits and pocketing the revenue, a dividend is paid to stakeholders, i.e. all of us. The dividend is equal for all, so poorer low-carbon users would benefit while carbon spewers shoulder more of the cost.
