Catching up on COP: Where is everyone with their commitments?
Now in our fifth month after COP21, we thought we’d take a tour around the world to see where the biggest emitters are with their climate change commitments.
Since the proposal isn’t yet decided between permits or pricing, I think a more appropriate name would be “carbon dividend;” “cap-and-dividend” only describes permit systems. I’d prefer a price model, which better corresponds to the fact that carbon has a real cost, and is less susceptible to gaming.
Let’s hope this passes! I agree this is one of the most likely paths to basic income.