Wednesday, February 25, 2009

Cap'n Dividend

An hilarious '50s style promotion for a very cool concept - cap and dividend (essentially a cap and trade system, with an auction of carbon allowances, the proceeds from which get distributed to the public in the form of a dividend - to offset rising energy costs).



In Mass, we're already starting to see the benefits of cap and trade auctions (though not in the form of dividends) - the RGGI proceeds (about $13 million in Sept and $14 million in Dec) will go in part towards supporting the Green Communities Act, which will reward communities that meet conservation and efficiency standards with funds for renewable energy projects.

Representative Chris Van Hollen (D-MD) will soon be introducing the Cap and Dividend Act of 2009 - shoot your reps an email and tell them you support the concept.

Stay going...

1 comment:

Unknown said...

Great creative! Emissions reduction mandates are expected to come into effect very soon—not just for heavy emitters, but medium and small emitters too. While mandatory reporting is a useful tool for managing carbon change, what is lacking in a lot of these programs is the ability to provide contextual detail, or to showcase emissions reduction achievements. CSA just launched the GHG CleanStart™ Registry based on ISO 14064 (CSA was the World Secretariat for the development of ISO 14064, too). It’s a voluntary program, but it covers the same bases as the regulated programs, while also allowing organizations to highlight their successes. Check it out at www.csa.ca/carbonperformance