Posted on 04/02/2018 8:25:23 AM PDT by Oldeconomybuyer
Members of the Princeton Student Climate Initiative have drafted a New Jersey Carbon Fee and Dividend Policy, a 94-page white paper outlining a fee-based strategy for reducing carbon emissions and air pollution while minimizing environmental impact.
“What a carbon fee and dividend does is it places a fee on fossil fuels based on their carbon content,” said Jonathan Lu ’18, the founder and research director of PSCI. The carbon fee provides an incentive for companies and individuals to reduce emissions.
Another key aspect of the policy is that tax revenue will be recycled back to low- to moderate-income households and vulnerable businesses in the form of rebates.
“You’re achieving two things with this. The first is that you make the price of fossil fuels relatively more expensive,” Lu said. “The second thing that it does is it returns the majority of the money back to individual households.”
Some of the profits will also be reserved for clean energy initiatives. According to Lu, raising the price on carbon also makes it cheaper to switch to renewable energy.
(Excerpt) Read more at dailyprincetonian.com ...
Low and moderate income households don't pay significant taxes therefore nothing is being 'recycled.'
One might expect an environmental zealot to use the term somewhat correctly.
A rigged Lottery is still a rigged Lottery ,LOL
> said Jonathan Lu ’18 <
Class of 2018. Great. Another kid with no real-world experience giving us advice.
...the old watch this trick while they pick your pocket..m.
Which would only raise power bills to offset the “dividend” - a shell game if you will.
F--- him and the horse he rode in on.
ML/NJ
CO2 is the source of life. I guess abortions aren't killing life fast enough.
And ultimately — vote buying.
Secular progressivism is a shadow of how churches should be acting. We know of Salvation Army. It is a church (or parachurch) in the general Methodist tradition. I attended an Easter service these folks held. They GET THE POINT. And they aren’t even a full-ceremony worship organization.
All Christendom ought to be a “salvation army.” To rediscover its truest liberal side, a side which was always there in God. Then schemes like this, which exalt politicians, would be seen as unnecessary, clumsy and feeble imitations. Save the earth! Well and good if we had good science here, which we don’t. What we need is to put good theology into practice and dave souls.
dave => save
Just another bird brained Marxist scheme to take money from the producers and buy votes of the parasites with it. What is it with college and high school children that they're too stupid to see how Marxism fails EVERY TIME? Just leave the money where it is earned in the first place.
Fake science. Do they no longer recognize and teach that CO2 is PLANT FOOD? And that climate change has been constant since the Earth was formed and set spinning by the Creator? And that even if we tried we as a species could not affect it for better or worse if we devoted all of our talent and treasure to the endeavor?
There are hints from history that CO2 could afford to go quite a lot higher.
Nature adjusts in the long run. It always has. If getting clobbered by a meteor didn’t put the earth out of the picture, how can man’s feeble fires? We don’t even know close to all the species out there, sitting in little groups against the day that the Lord knows they will be needed to go widespread.
Buy votes — that’s the point.
To become the new god.
““You’re achieving two things with this. The first is that you make the price of fossil fuels relatively more expensive,” Lu said. “The second thing that it does is it returns the majority of the money back to individual households.”
F U Lu.
The secular religion’s version of heavenly reward.
He’s “effing” himself in the long run, but be careful about how you go up against the gates of hell. You and what church?
Re: “94-page white paper . . .”
I don’t know. Sounds racist. Why isn’t it a 94 page “brown” paper?
You see the devil’s power rests in being “effed.” He pulls things down. The bible says don’t curse the devil; curses are his power. Rebuke him with God. Oh, you know no God to rebuke him with? Too bad so sad. But that can change.
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