Originally Posted by Ran
really?
"J. Andrew Hoerner, director of the sustainable economics program at Redefining Progress and a co-author of the EJCC report, told the Business & Media Institute that solutions to climate change should be designed in a way so investors don’t reap all the benefits.
“There is a certain disconnect between what is good for workers, consumers, managers, and the economy on one hand and stockholders on the other,” Hoerner said. “We found that the combination of efficient market instruments, return of the revenue, cost-effective promotion of new clean technologies and efficiency, and targeted policies for low-income households grows the economy. It increases employment and profits overall, and provides a net benefit for consumers.”
xxx The report suggested implementing a “fee, tax or allowance auction on polluters,” which was meant to “eliminate the financial burden on low-income and moderate-income households.This would pay for efforts to reduce global warming. Hoerner said that although it would cause product costs to increase, under his policy, the revenue from the “fee, tax, or allowance auction payment” would be redistributed to consumers to offset the higher costs.
“However, this increase in profits may be smaller than the windfall to stockholders if allowances are given away for free, even though this windfall is partially offset by higher product prices, lower sales, lower production and lower profits on the firm’s output, exclusive of the value of the allowances,” Hoerner continued. “Most businesses are energy consumers, not producers, and their interests lie with household energy consumers.”
Tax on things taht are doing the most damage.... AND use it to help the environmental problem.....And to do that you go out and get information from the people to see who would actually be willing to see a production price increase to offset the environmental problems that are causing the energy situations