[throw0101a]

Market-based™ plan:

> V. To maximize the fairness and political viability of a rising carbon tax, all the revenue should be returned directly to U.S. citizens through equal lump-sum rebates. The majority of American families, including the most vulnerable, will benefit financially by receiving more in “carbon dividends” than they pay in increased energy prices.

* https://www.carbonpricingleadership.org/news/2019/1/17/forme...

Co-signers include the then-former Federal Reserve chairs: Greenspan, Bernanke, Volcker, Yellen. Plus a bunch of Nobel laureate economists (Fama, Schiller, Scholes, Sharpe, etc).

An alternative market-based™ approach would be cap-and-trade, which was done under Bush41 for acid rain (and which California is doing for its carbon emissions IIRC).

[tzs]

See also "The Conservative Case For Carbon Dividends" [1] whose authors include James Baker (Secretary of State under GHW Bush, Secretary of the Treasury under Reagan), Martin Feldstein (chairman of Council of Economic Advisors under Reagan), N. Gregory Mankiw (chairman of GW Bush's Council of Economic Advisors), and Henry Paulson (GW Bush's Secretary of the Treasury), George Shultz (Reagan's Secretary of State, and Secretary of Treasury under Nixon).

[1] https://www.clcouncil.org/media/2017/03/The-Conservative-Cas...