Just a year ago, ‘cap and trade’ was the basis for a national climate change bill. Today it is widely discredited. Lawmakers felt they had to give away so many pollution allowances to get passage, it became known as ‘cap and tax’. Today, ‘cap and dividend’ would auction allowances, simply, to all.
According to information given on the website Climate.org, there are a number of statistics which are indicative of the current climate condition: For example, carbon dioxide in the Atmosphere — 414 (Carbon Dioxide…). According to the Climate Portal of the Massachusetts Institute of Technology, “Atmospheric CO2 levels of