propose a tax on all shale gas produced to reduce outstanding treasury debt.

The tax would be $2/1000 cubic feet or $4/1000 cubic feet if exported. 90% of revenue would be used to pay off existing treasury debt as long as debt is greater than 50% GDP. The other 10% would be used for R&D for industrial scale water purification and industrial scale CO2 removal from the atmosphere. With proven reserves of 500 trillion cubic feet this would generate $1 trillion.