carbon fee and dividend

Carbon fee and dividend is an environmental policy designed to reduce carbon emissions. It works by imposing a fee on fossil fuels, based on the amount of carbon dioxide they emit when burned. This fee encourages businesses and individuals to use cleaner energy sources. The revenue generated from the fee is then returned to citizens as a dividend, providing financial support to offset any increased energy costs. The goal is to incentivize a shift towards renewable energy while protecting households from economic hardship, ultimately leading to a reduction in greenhouse gas emissions and helping combat climate change.