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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. Bernie Sanders (I-Vt.)

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Another potential use of allowance value is to provide the general public a “dividend” related to the public’s having granted firms the right to make use of the waste-disposal services of the atmosphere through their emissions. nationals and legal residents. Financing Investments and Other Public Expenditures.

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