Consumers get paid in US ‘cap and dividend’ scheme
3 Mar 2009

US Congressman Chris van Hollen says he plans to introduce legislation soon that would cap carbon emissions, require all emission allowances to be sold at auction and distribute at least 90 per cent of the auction revenues to consumers in the form of monthly dividend checks.
A rising star in the congressional Democratic caucus, Van Hollen won the chairmanship of the Democratic Congressional Campaign Committee after only six years in office and is seen as a key ally of House Speaker Nancy Pelosi.
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