The costs of climate change now pose a substantial threat to the health, prosperity and security of Americans. The costs are real, they are growing, and they are already burdening businesses, taxpayers, municipal budgets and families. Our economy, infrastructure, public safety and health are directly at risk.
Carbon Fee & Dividend will place a steadily increasing fee on fossil fuels at their source (well, mine, or port of entry), beginning at $15 per ton of CO2 emitted, and increasing each year by $10. All revenue will be returned in equal shares to American households as a monthly dividend with border adjustments on imports and exports to encourage other nations to adopt the same.