LASER TALK: Carbon Fee and Dividend

Carbon Fee and Dividend is a revenue-neutral price on carbon that functions as follows:

• A fee is placed on carbon-based fuels at the source (well, mine or port of entry)

• This fee increases steadily each year so that clean energy is cheaper than fossil fuels within a decade

• All of the money collected is returned to Canadians on an equitable basis

• Under this plan most Canadian households would break even or receive more in their dividend check than they would pay for the increased cost of energy, thereby protecting the poor and middle class.

• A predictably increasing carbon price will send a clear market signal which will unleash entrepreneurs and investors in the new clean-energy economy.

Here is a good video that explains carbon fee and dividend: