California: California adopted a Cap & Trade rule as part of its AB32 law's implementation. The first auction of emissions permits took place on November 14, 2012. Although the adopted regulations are not perfect, the rule allows for dividends to households. More information here.
The California Public Utilities Commission's decision in their proceeding on the allocation of allowances in the electric utility sector will return 100% of proceeds from the electricity sector to ratepayers, and a portion of that is a non-volumetric (equal per households) "climate dividend" rebate. The transportation sector will phase into the system in 2015, and could include dividends.
May 2013: ARB released a final auction proceeds investment plan. Unfortunately, dividends are not a recommended use in the plan.
Go to California news.
Nationally: Climate change is back on the national agenda following the 2012 election and Hurricane Sandy. Senator Barbara Boxer (D-CA) and Senator Bernie Sanders (I-VT) recently introduced a bill that returns 60% of revenues to households. In 2009 Senator Maria Cantwell (D-WA) and Senator Susan Collins (R-ME) introduced the CLEAR Act, which auctions GHG permits and returns 75% of revenues back to consumers through Cap and Dividend. Write to your Senator. Several cities endorsed the CLEAR Act. More info at www.supportclearact.com. Go to National news.
New - Customize and print out your own printable U.S. dividend (pdf) or printable California dividend (pdf), which you can give to people and use at events.
Recent and upcoming talks: Click here.
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