You Deserve Dividends
Sky Trust Update
In a Nutshell
The Sky Trust proposal is an economically rational global warming policy for the United States that would achieve an equitable, carbon-efficient economy.
All entities introducing fossil fuels into the U. S. economy would have to buy emissions rights for the carbon in that fuel. The U. S. government would auction emissions rights, which would be tradable in secondary markets for two years, and would then expire. Most of the receipts from sales of emissions rights would be returned in equal annual payments to each U. S. legal resident. The U. S. Treasury could send each legal resident an annual check, or the payments could be administered by a separate non-governmental trust. At the program's outset, the per capita payment is estimated to be about $100 annually, or $400 for a family of four.
The above paragraph is excerpted from a fresh, thorough justification of the Sky Trust idea as a "climate policy" -- see the whole story, including a number of informative charts, at this link
The three classic articles on the Sky Trust idea are:
Questions or comments? Tell your views to The Progress Report:
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