What should be done with the revenues from a carbon cap and auction system?

Authors

Robert Costanza, Portland State UniversityFollow
Joshua C. FarleyFollow

Published In

Solutions: For A Sustainable and Desirable Future

Document Type

Article

Publication Date

1-1-2010

Subjects

Emission control, Carbon sequestration, Renewable energy sources

Abstract

In this article the author discusses the use of the revenues which can be generated from a carbon cap and auction system in the U.S. They believe that auction system will be politically feasible if all individuals share generated revenues equally. A significant fraction from the revenue should pay for related projects like researching and developing renewable energy in developing countries. The shareholders in this atmospheric commons should be both the current and future generations.

Description

This is the publisher's final PDF.

Persistent Identifier

http://archives.pdx.edu/ds/psu/8347

Citation Details

Costanza, R., & Farley, J. (2010). What should be done with the revenues from a carbon cap and auction system?. Solutions: For A Sustainable & Desirable Future, 1(1), 33.