24 Feb '12, 10pm

Congressmen: Sane carbon and climate policy would cut the deficit #politics #environment

Congressmen: Sane carbon and climate policy would cut the deficit #politics #environment

We could slash our debt by making power plants and oil refineries pay for the carbon emissions that endanger our health and environment. This policy would strengthen our economy, lessen our dependence on foreign oil, keep our skies clean — and raise a lot of revenue. Use a market mechanism (such as the sale of carbon allowances or a fee on carbon pollution) to raise $200 billion + over 10 years and trillions of dollars by 2050 while cutting carbon emissions by 17 percent by 2020 and 80 percent by 2050, Providing transition assistance to affected industries and supporting investments in clean-energy technologies

Full article: http://redgreenandblue.org/2012/02/24/congressmen-sane-ca...

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