The supreme challenge of our time is tackling climate change. We
urgently need to curtail our use of fossil fuels - but how can we
do so in a just and feasible way? In this compelling book, leading
economist James Boyce shows that the key to solving this conundrum
is to put a limit on carbon emissions, thereby raising the price of
fossil fuels and generating strong incentives for clean energy. But
there is a formidable hurdle: how do we secure broad public support
for a policy that increases fuel costs for consumers? Boyce
powerfully argues that carbon pricing can be made just and
politically durable only if linked to returning the revenue to the
public as carbon dividends. Founded on the principle that the gifts
of nature belong to us all, not to corporations or governments,
this bold reform could spark a twenty-first-century clean energy
revolution. Essential reading for all concerned citizens,
policy-makers, and students of public policy and environmental
economics, this book will be a transformative contribution to one
of the most important policy debates of our era.
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