The Sky Trust would sell a gradually diminishing number of carbon emission permits to the approximately 2,000 oil, gas and coal companies that bring fossil fuels into the U.S. economy. With the income from these sales, the Sky Trust would pay equal yearly dividends to every American.
An interesting idea, but it seems like any group that plans to ask congress for a charter so they can control the sky would need to think things out a little more. Would auto manufacturers be charged for the emissions made by the vehicles they produce? Would the private citizens who buy them? And what is to stop any corporation from simply, say, opening shop in another country to avoid the hassles.
But, the largest question in my mind was, who actually expects the current government to do anything that would place environmental matters over commerce?
posted by Kellydamnit
on Aug 10, 2002 -