The Global Development Policy Center, the Institute for Sustainable Energy, and the Frederick S. Pardee Center for the Study of the Longer-Range Future recently co-sponsored a seminar titled Tackling Climate Change: The Case for Carbon Dividends” featuring University of Massachusetts Amherst Professor of Economics James K. Boyce.
Prof. Boyce discussed his new book, The Case for Carbon Dividends, published in July 2019 by Polity Press. In the book, Prof. Boyce argues that we must put a price on carbon in order to provide incentives for clean energy, curb our use of fossil fuels, and avoid the worst impacts of climate change in a just and feasible way. However, garnering public support for a policy that will increase fuel costs for consumers presents a significant challenge. Prof. Boyce asserts that the most politically viable way to put a price on carbon is by returning the revenue to the public as carbon dividends.
The book is available for purchase here.