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Why not simply give people the money – as in Cap & Dividend?

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Why not simply give people the money – as in Cap & Dividend?

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Cap & Dividend is the system being advocated in the USA by Peter Barnes and others. It is the same as Cap & Share, except that you dont get your certificate. Instead, all the certificates are auctioned off (to the fossil fuel suppliers) and you get the money directly – say every month. It is a simpler system, and hence cheaper. For you, it is simpler too – you dont have to bother about selling your certificates – or worry about who to sell them to and when. If Cap & Dividend were to be introduced, the Cap & Share campaigners would be happy. Cap & Share is simply a different option. The advantage of Cap & Share over Cap & Dividend is purely psychological. With C&S you get the certificate and it is your share of the overall carbon footprint. You are in control of your share, and by selling your certificate you are allowing this share of the carbon footprint to be emitted. If you want to, you can withhold part of it (simply tear up some of your certificates) and you will reduce the countr

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