Posted on 13 Jun 2008 12:33:36 Fri

Against cap-and-dividend

By Guest authorThis is a guest essay from Jim Barrett, an economist and Executive Director of Redefining Progress. ----- I should preface by saying that I am a fan of Peter Barnes. He's an emeritus board member of Redefining Progress. He's a smart and thoughtful guy. But I'm not a fan of his cap and dividend idea, mostly from an economic perspective. First, the idea that a price on carbon would be transformative, and that we should do that first and then come in with other complement...

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