Friday, November 21, 2008
Re: Rebecca's request for the inside scoop...
I'll post a more thorough breakdown sometime soon. But for now, cap and invest is really the best idea in the opinion of most enviros. We want a sizable chunk to go to development and deployment of clean tech. Of course, for political viability, another sizable chunk of revenue will have to go to consumers, especially low income consumers, to mitigate increased energy costs in some way or another. But really, we want to use revenue to jump start the green economy and create opportunities through green jobs, etc., rather than give it all back. Then there are all sorts of other issues like whether you auction all allowances or give some away for free, how you ease the burden for energy intensive industry, how you handle offsets, international... and of course, getting the targets right! I'm actually putting together some briefing binders on all these details for our team. If anyone wants some light reading, I could probably hook you up.
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1 comment:
Interesting. Do you think the political aspects of who gets the money under an "invest" scenario will hold up the process?
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