Peter Barnes chats about cap-and-dividend
Here’s Peter Barnes on video talking about his preferred solution to climate change: cap-and-dividend.
Much more on SolveClimate.
I understand the appeal of cap-and-dividend, not just practically but theoretically, as it establishes common ownership rights over the atmosphere. But I still have never heard convincing answers to my two biggest issues with it: one, that it will never pass, despite the evidence-free claims of its supporters that the public would rally around it, and two, that it would squander a major source of revenue that could be invested in clean energy and green infrastructure.