Sunday, September 13, 2009

Cap and Trade Alternative

An alternative to Cap and trade for reducing climate change gasses is a Participatory Democracy Consumption Tax. One advantage is that it allows for one to determine the amount to cap by letting businesses compete to see how low they can reduce carbon emissions.

It is important to protect vulnerable consumers, e. g., those who already have a large house in a city served by a coal-burning power plant. Or those who might have good reason to do extensive driving, e. g. a married couple who cannot find jobs in the same city or an those who have relatives in a tertiary care facility. Individuals can apply to participatory juries for the ability to purchase electricity, gasoline, etc. free of a carbon tax.

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