About This Policy
Carbon Fee and Dividend with border adjustment is a free market solution to climate change fitting to the scale of the problem. Under this proposal:
- A steadily rising fee would be imposed on the source of carbon emissions – oil wells, coal mines, natural gas fields, etc. These costs would filter down to goods and services, providing a price signal for pollution and accelerating the transition to a sustainable economy.
- All fees collected would be returned to American households in the form of a periodic dividend check – the majority of citizens benefiting financially as a result.
- A border adjustment would be applied to imports and exports, strengthening American business against polluting countries and encouraging other nations to enact similar carbon pricing.
35 voters have pledged across the country.