Cover art for podcast Bionic Planet: Reversing Climate Change by Restoring Nature

Bionic Planet: Reversing Climate Change by Restoring Nature

73 EpisodesProduced by Steve ZwickWebsite

We've entered a new epoch: the Anthropocene, and nothing is as it was. Not the trees, not the seas – not the forests, farms, or fields – and not the global economy that depends on all of these. What does this mean for your investments, your family's future, and the future of man? Each week, we dive … read more

1:22:39

055 | The Citizens Climate Lobby Wants to Spread the Carbon Wealth

Today's guest, Daniel Palken, volunteers with a group called the Citizens Climate Lobby, or "CCL", which aims to slash US greenhouse-gas emissions by imposing a fee on fossil fuels.

The fee will be based on the amount of greenhouse gas that the coal, gasoline, and jet fuels will generate when we burn them, and it will probably make fossil-fuel energy more expensive.

But there's a catch -- or, the opposite of a catch... a bonus -- a dividend, if you will, because that's what CCL calls it.

Under the proposed "Energy Innovation and Carbon Dividend Act," all money raised by the carbon fee will go back to US citizens in the form of a dividend.

We each pay into the system based on how much energy we use -- whether in the form of an extra few cents at the pump or slightly higher groceries -- but every single citizen gets the same dividend back.

A fee-and-dividend system is different from the cap-and-trade programs that I usually focus on, for lots of reasons we get into.

Daniel says that a fee-and-dividend scenario has bilateral support, especially among younger Republicans, and he has the data to back that up.

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