CCL’s preferred climate solution is known as Carbon Fee and Dividend.
A national carbon fee-and-dividend system would place a steadily-rising price on greenhouse gases with virtually all fees collected being returned to households as a monthly energy dividend.
In just 20 years, such a system could reduce carbon emissions to 50% of 1990 levels while adding 2.1 million jobs to the American economy.
The carbon fee-and-dividend system would inject billions into the economy, free households to make choices about their energy usage, spur innovation and build demand for low-carbon products at the consumer level.
Import fees on products imported from countries without a carbon fee will keep American businesses competitive and discourage companies from relocating to countries where they can emit more CO2. It will also motivate other countries to adopt similar carbon pricing policies.
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