The Energy Innovation and Carbon Dividend Act puts a price on carbon-emitting fuels, at the source, and delivers all revenues to households as monthly dividends. With a steadily rising fee and steadily rising dividends, the plan sends a clear, predictable price signal to producers and is projected to reduce greenhouse gas emissions 90 percent by … Continue reading Bipartisan carbon fee and dividend bill now before U.S. Congress
“Fiscal cliff” is a manner of speaking, not a fact of life. The trickle down economic theory holds that higher taxes automatically lead to economic downturn. We know, however, that economic history does not bear this out. We also know that severe cuts to public spending and social services limit the power of the Main … Continue reading Who is Fiscal Cliff?