A report on climate change and economic policy was just released by Dr. Roy Wehrle (University of Illinois-Springfield - emeritus) and Dr. Don Wuebbles (University of Illinois Urbana-Champaign) titled A National Energy Transition Plan for America: Informing the Development of a Carbon Dividend Approach. The report lays out new research on the benefits of a carbon dividend and tax plan as a key driver for a transition from fossil-fuel based energy to renewable alternatives to address climate change. The proposed National Energy Transition Plan for America (NETP) is designed to be the most effective yet fair, and politically acceptable way of meeting these goals. The report informs the development and refinement of proposed carbon dividend plans being considered in the national debate and by Congress. The Appendix compares the NETP proposal with other pending plans, and with current research to help highlight elements important to a successful carbon dividend approach.
Read the Executive Summary of the report.
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