Instead of cap-and-trade, “cap-and-dividend”

As attention on Capitol Hill shifts to the crafting of energy legislation, two US senators make the case for an alternative regime of “cap and dividend” in today’s Washington Post.  Also, Robert Reich speculated about the possibility that Obama is plotting a back-room deal to tax carbon. Ezra Klein had already raised doubts about the likelihood of such a scenario earlier this week.

As attention on Capitol Hill shifts to the crafting of energy legislation, two US senators make the case for an alternative regime of “cap and dividend” in today’s Washington Post.  Also, Robert Reich speculated about the possibility that Obama is plotting a back-room deal to tax carbon. Ezra Klein had already raised doubts about the likelihood of such a scenario earlier this week.