TEQs and Fee and Dividend
Posted: 25 Feb 2016, 11:25
Can anyone out there give a good comparison between the two schemes, TEQs and Fee and Dividend? Which might work best, especially for the less well-off?
The UK's Peak Oil Discussion Forum & Community
https://forum.powerswitch.org.uk/
Shaun, this to me is such an important bit, worth repeating:Shaun Chamberlin wrote:Here you go Tom:
http://www.darkoptimism.org/2015/12/21/ ... d-or-teqs/
Something has to be done. I've said for years, anything that actually, physically mitigates humans' negative effects on the biosphere is a Good Thing, so F&D, TEQs, whatever, gimme. We're still a long way off even talking about the problem properly (outside PS).Let’s start with why both TEQs and F&D are excellent ideas that would represent a radical break from the status quo.
Both are ways of ensuring that society finally gets serious about addressing our climate challenge, neither is open to the extensive corporate windfalls that characterise existing ‘Cap and Trade’ schemes (which have no effective cap, and thus are really just ‘Trade’ schemes) and both would protect the poorest in society as energy prices rise to take account of the impact of the carbon therein.