Senate Testimony on Cap-and-Dividend Policies

In this testimony presented to the U.S. Senate Finance Committee, James Boyce describes the range of options to be considered in the auctioning, distribution and compensation for carbon capping permits. He goes on to describe in some detail how a cap-and-dividend policy will protect American families from the impacts of the higher fossil fuel prices which will inevitably accompany carbon capping, thereby making it a politically palatable approach to curbing our greenhouse gas emmisions.