Carbon Tax & Dividend Best Fix for Global Warming

  • by: Robert Migliori
  • recipient: US Secretary of State John Kerry and Chinese Ambasador to the US Cui Tiankai

Tell Secretary of State John Kerry and Chinese Ambassador Cui Tiankai you want them to negotiate a bi-lateral carbon tax on coal, oil, and natural gas at the point of extraction. In the US, 100% of the tax revenue would be paid to citizens of record similar to the Alaska Permanent Fund. The goal of the tax is to stop global warming by leaving 80% of known fossil fuel reserves in the ground.
According to Dr. James E. Hansen, former head of NASA's Goddard Institute for Space Studies and its most famous climate scientist, a bi-lateral carbon tax is our last best hope to stop the irreversible effects of global warming. The carbon tax would steer consumers and businesses toward products and energy sources having low carbon foot prints such as wind and solar power, locally grown food, electric vehicles and 4g nuclear power solutions which would replace aging backbone coal fired plants. Market forces and new technologies would determine future product winners and losers over the transitional period of ten years as the carbon tax increases at a predictable rate. If the US and China implement a unified carbon tax the rest of the world will follow or pay import duties to the world's two largest economies. Consumers can use the Carbon Dividend to offset the higher price of energy.


 

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