One of the world’s leading environmentalists, James Hansen, calls for a tax on carbon emissions. The revenues would come mostly from high earners and businesses, and would be ”deposited monthly,” as dividends, into the bank accounts of low earners with smaller “carbon footprints.”
More on Hansen: Dr. James Hansen, director of NASA’s Goddard Institute for Space Studies, s widely regarded as the world’s leading promoter of the theory that human industrial activity—particularly the burning of fossil fuels and the emission of carbon dioxide into the atmosphere—is the chief catalyst of a potentially catastrophic global-warming trend. Hansen first predicted such climatic changes in a 1981 article which he co-authored with a team of GISS scientists in the journalScience.
After the House of Representatives in 2009 passed the American Clean Energy and Security Act, commonly known as a cap-and-trade bill, Hansen complained that the legislation (which ultimately died in the Senate) would not lead to sufficient reductions in fossil-fuel use, and he derided the bill as “less than worthless.” Hansen advocated instead a mandatory flat-rate global tax on the production and consumption of fossil fuels.
In early 2012, Hansen called global warming a “great moral issue” on a par with slavery.