16 Feb 2010

Yes on tax and rebate

(via DW) California proposes to rebate carbon taxes to citizens -- not lobbyists, energy companies or "green" firms. That's what I've said all along, and the best way to help the people while taxing their sins.

Bottom Line: The best way to handle carbon is to tax it; the best way to "spend" that money is to give it to citizens. If politicians control it, they will waste it or give it to their lobbyist buddies.