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Cap and Dividend

For California's Post-2020 Cap And Trade, Give Money To People

Mike Sandler | Posted 08.16.2016 | Green
Mike Sandler

California's Legislature is considering whether to continue the State's Cap and Trade system meant to reduce greenhouse gas emissions and fight global warming before it potentially expires in 2020.

The Paris Agenda: Leave Fossil Fuels in the Ground, Auction Permits, Protect People

Mike Sandler | Posted 10.28.2015 | Green
Mike Sandler

The math is clear: there is a fossil fuel bubble. There is more coal and oil in the ground than we can safely burn. In this framing, the Paris climate conference is really an economic conference, perched on the brink of a market crash in the fossil fuel sector.

What If Janet Yellen Joined Todd Stern in Paris?

Mike Sandler | Posted 10.05.2015 | Business
Mike Sandler

On December 11, the UN Climate Change conference in Paris (called COP-21) will be wrapping up, and the headlines will announce if the negotiators were able to agree to save the Earth or not. Todd Stern, the U.S. State Department's Special Envoy for Climate Change, will be leading the U.S. delegation at COP-21.

Environmental NGOs: Be More Specific for Paris

Mike Sandler | Posted 09.24.2016 | Green
Mike Sandler

Many observers have low expectations, given that the UN requires unanimity from nation-states, fossil fuel interests have political control in so many nations, and the convention itself seems to have given up on an international treaty and is focusing instead on adding up nationally adopted actions.

Five Ways to Improve California's Cap & Trade System

Mike Sandler | Posted 07.29.2016 | Green
Mike Sandler

After three years of auctions, the program is needlessly complex, the spending of funds is opaque, funded projects may not reduce emissions, and the state's goal of becoming a national or international template for carbon pricing is in question.

The Pope Calls for New Global Institution to Protect the Commons, Tackle Climate and Poverty

Mike Sandler | Posted 07.02.2016 | Green
Mike Sandler

Pope Francis's recently released Encyclical "Laudato Si" makes a strong moral case for climate action. It is a powerfully-written, wide-ranging document, and is already influencing decision makers and observers preparing for the U.N. climate conference taking place in December.

Marketing California's "Climate Credit for Cars" to Everyone

Mike Sandler | Posted 03.01.2015 | Green
Mike Sandler

Consumers will likely not notice the change, given the decrease in the price of oil over the past year and the overall volatility in gas prices. But the funds raised will be substantial.

For Paris 2015: A Climate Trust Not a Treaty

Mike Sandler | Posted 01.30.2015 | Green
Mike Sandler

International climate negotiators seem to have given up on a treaty, and their floundering around with unenforceable pledges seems unlikely to result in an outcome that will allow countries to transform their economies away from fossil fuels and provide equitable sustainable development for the majority of humanity.

Expanding on the California Climate Credit

Mike Sandler | Posted 12.01.2014 | Green
Mike Sandler

California's climate change program lowered millions of households utility bills last April, but very few people noticed. And it is about to happen again with the return of the semi-annual "California Climate Credit" applied to October bills.

Who Will Carry Big Dividend Checks at the People's Climate March?

Mike Sandler | Posted 11.12.2014 | Green
Mike Sandler

Here are 12 types of people who, as natural supporters of climate dividends, could carry big dividend checks at the People's Climate March.

Protecting Our Climate and the Middle Class

Rep. Chris Van Hollen | Posted 09.29.2014 | Politics
Rep. Chris Van Hollen

By capping carbon emissions, selling permits, and returning the resulting revenue to everyone equally, this "Cap and Dividend" approach achieves the greenhouse gas reductions climate scientists tell us we need to prevent the dangerous consequences of climate change while boosting the purchasing power of American consumers.

When Philanthropists Give Directly, Are Climate Dividends Next?

Mike Sandler | Posted 07.13.2014 | Impact
Mike Sandler

The debate over unconditional cash transfers remains unsettled. It parallels a debate in climate policy over how to spend the revenues from a carbon price.

Use Your Climate Credit to Ask for More

Mike Sandler | Posted 06.07.2014 | Green
Mike Sandler

In the next month, millions of Californians will receive their first "climate credit." The funds come from the revenue collected by the cap and trade program under the State's climate change law. Instead of going to pay for government programs or rebates, the money is going back to you. That is pretty unusual.

Janet Yellen's 2014 To-Do List: Climate Change

Mike Sandler | Posted 03.05.2014 | Politics
Mike Sandler

Janet Yellen will likely be confirmed as the next Chair of the Federal Reserve System. Her to-do list will be full of things like the unemployment rate and running the economy. So why would a central banker need to worry about climate change?

California and the Raiders of the Lost Commons

Mike Sandler | Posted 07.20.2013 | Green
Mike Sandler

The first Indiana Jones movie opens with our hero having his prize stolen from him by a rival archeologist. No one remembers that the statue actually belongs to the Peruvian tribespeople. In 2013, Californians are witnessing an allegory with the repeated raiding of the revenues from the carbon price under state law AB32 that should be theirs.

In Gina McCarthy Hearing, Possible Conversation Over Cap-and-Trade

Michael A. Livermore and Richard L. Revesz | Posted 06.10.2013 | Green
Michael A. Livermore and Richard L. Revesz

This is a pretty straightforward cap-and-trade proposal very similar to the one currently in place to control acid rain. In fact, there was a time when members of the GOP were the most enthusiastic advocates for cap-and-trade.

Fund Green Infrastructure, but Not With Cap-and-Trade

Mike Sandler | Posted 05.20.2013 | Green
Mike Sandler

Gas prices are broadcast on street corners throughout America, and are regularly featured on the evening news. They are a high-profile target for the public's anger, leading to "drill baby drill"-type campaigns, "gas tax holidays," and even extreme proposals to abolish state gas taxes.

The Birth of Carbon Pricing and Delivering California's First 'Climate Dividend'

Mike Sandler | Posted 05.14.2013 | Green
Mike Sandler

If carbon pricing in the United States were a baby, it would have been born on November 14, when the California Air Resources Board launched its first auction of Cap and Trade greenhouse gas permits. If carbon pricing is the baby, then the climate dividend is the birth announcement.

Citizen's Dividends: Basic Income from your Share of the Commons

Mike Sandler | Posted 12.03.2012 | Business
Mike Sandler

We can all share in the bounty of the Commons, and this can form a source of actual income to Americans. Here are a few ideas for creating a source of income for all people from the Commons with citizen's dividends.

Climate Dividends: California's Chance to Change Hearts and Minds

Mike Sandler | Posted 07.30.2012 | Green
Mike Sandler

The State of California is desperate for revenue. But so are the people of California. The solution to climate change is a carbon price that rewards the people of California.

Is Cap and Trade for Pet Projects or for Transformation?

Mike Sandler | Posted 06.17.2012 | Green
Mike Sandler

For California to meet its AB32 goals, the state will need to do more than just tinkering with its energy and transportation systems.

Environmental Justice Lawsuit May Delay California Cap and Trade

Mike Sandler | Posted 05.25.2011 | Green
Mike Sandler

Who took the state to court over their efforts to protect the climate this time? Not the oil companies, coal-dependent utilities, or Tea Partiers. No, this time it was environmental justice interests.

The Common Good

Wendy Gordon | Posted 05.25.2011 | Green
Wendy Gordon

I enjoyed the holidays in an old farm house nestled on a pastured hillside in the western part of the Catskill Mountains. The state park is our neigh...

Equity or Nothing at UN Climate Talks in Cancun

Mike Sandler | Posted 05.25.2011 | Green
Mike Sandler

UN delegates have been meeting for 18 years. Hasn't anyone figured out a concept that would unify the countries around a single framework? How about equity?

Suck Toad Democrats: The New Democratic Right?

Bob Jacobson | Posted 05.25.2011 | Politics
Bob Jacobson

If John Adler is a man of his people, it's a different people from the rest of us. Adler is one of 47 Democrats who presented House Speaker Pelosi with a letter threatening to keep tax cuts for the richest 2% of Americans.