The next president and congress will have one chance to turn the tide on climate change. Modest measures won’t be enough. We need to install an economy-wide system that ratchets down carbon emissions, spurs investment in clean energy alternatives and simultaneously protects household incomes.
Cap and dividend would achieve all these goals. Just as important, it would unite Americans in the fight against climate change in a way that no other policy would—as citizens who are all co-owners and caretakers of the air.
Note: This article was originally printed with the title, "Cap and Dividend, Not Trade".
This article was originally published with the title Cap and Dividend, Not Trade.