What does CLEAR stand for?
What are its main goals and objectives? By putting a steadily-increasing price on carbon emissions and via clean energy investments, it will reduce greenhouse gas emissions (GHG’s) 20% below 2005 levels by 2020; 42% lower by 2030 and 83% lower by 2050. It will put money into the pockets of every U.S. resident with a Social Security number via monthly rebates; it is projected that a family of four will receive approximately $1,000/year in the first year of the program. It will drive the transition from a fossil fuel-based economy to one based on clean energy sources by steadily increasing the price of carbon-based fuels and by investments in green jobs, clean energy, energy efficiency and transition assistance programs. Where does the money for the rebates and clean energy investments come from? It is raised by requiring companies that import or mine coal, oil and natural gas-the fossil fuels-to buy a permit for every ton that they bring into the U.S. economy. These companies, 2,000-3,0
