Cap and dividend
Confused by the "cap and dividend" policy introduced by Sens. Maria Cantwell and Susan Collins, which has gotten plaudits from both Exxon Mobil and MoveOn.org? Then check out this admirably clear and short description from economist James Boyce. I'm skeptical that anything simple can actually stay simple in the United States Congress, but it's of course the case that if legislators want a 37-page bill rather than something much more complex, they can just, well, pass the 37-page bill.
December 16, 2009; 10:45 AM ET
Categories: Climate Change
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