Wednesday, December 16, 2009

Other Business - The Climate Is Still Changing

While we've been preoccupied with the health care battles here in the US, the rest of the world has been paying attention to the Conundrum in Copenhagen.

In a fit of self interest, or at least school boosting, you should check out the Duke COP Blog being updated by students and faculty at the conference.

Closer to home, last week Senators Cantwell and Collins introduced a streamlined 39 page "cap and dividend" bill to tackle emissions. James Boyce has a succinct rundown at the Baseline Scenario (via EK) and the bottom line looks to be auction all permits and send a substantial portion of the funds back to each US household as a dividend.

Interesting stuff, and pleasingly simple which alleviates a good deal of most peoples problems with "cap and trade" proposals.

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