Thread: Senators propose new approach to climate issue

Now check this out, a proposal if forthcoming that would sell pollution allowances to the industry to cut greenhouse gases. Then the government would give the proceeds to the American people in the form of a monthly check to offset the higher rates charged by the the energy companies. And for the good government doing this they take a nice slice for themselves. How wonderful is that?





WASHINGTON – Two senators on Friday offered yet another approach to tackling climate change, proposing the government sell pollution allowances to industry to cut greenhouse gas emissions and then use most of the money to send tax-free monthly checks to every American.



The "dividend" checks, estimated to average about $100 a month over nearly two decades, would be aimed at offsetting the higher cost of energy.



The proposal by Sen. Maria Cantwell, D-Wash., and Sen. Susan Collins, R-Maine, was being offered as an alternative to a more complex cap-and-trade climate bill already before the Senate and approved by the House. Senators who believe Congress must address the problem of climate change are trying to cobble together a bill that has broad enough bipartisan support to get the 60 votes needed for it to pass, possibly early next year.





http://news.yahoo.co..._climate_senate

[quote name='Forplay' date='11 December 2009 - 04:18 PM' timestamp='1260566322' post='77701']

Now check this out, a proposal if forthcoming that would sell pollution allowances to the industry to cut greenhouse gases. Then the government would give the proceeds to the American people in the form of a monthly check to offset the higher rates charged by the the energy companies. And for the good government doing this they take a nice slice for themselves. How wonderful is that?





WASHINGTON – Two senators on Friday offered yet another approach to tackling climate change, proposing the government sell pollution allowances to industry to cut greenhouse gas emissions and then use most of the money to send tax-free monthly checks to every American.



The "dividend" checks, estimated to average about $100 a month over nearly two decades, would be aimed at offsetting the higher cost of energy.



The proposal by Sen. Maria Cantwell, D-Wash., and Sen. Susan Collins, R-Maine, was being offered as an alternative to a more complex cap-and-trade climate bill already before the Senate and approved by the House. Senators who believe Congress must address the problem of climate change are trying to cobble together a bill that has broad enough bipartisan support to get the 60 votes needed for it to pass, possibly early next year.





http://news.yahoo.co..._climate_senate

[/quote]



See? Ha ha - it's all about the money. Everyone wants a cut of that enormous climate-change market...

I swear this congress is going wacko, it amazes me some of the crazy stuff they come up with.