michael kors The fight, then, has concluded what to do with the many hundreds of billions of dollars that this carbon emission allowances are potentially worth. The place bill, that is most closely defended by Nathaniel Keohane within the Environmental Defense Fund, distributes a majority of those allowances to firms in such a way that are designed to promote specific economic objectives. As per his analysis (see especially pages 6 7), 43 percent within the total value can be to consumers, either as tax refunds or because energy distribution companies can be forced to pass on the benefits of their allowances to consumers; 29 percent moves to industry or small company, much of it to shield energy intensive sectors against job loss; and 27 percent will fund programs which includes energy research and environmental protection..
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