Carbon Tax & 100% Dividend vs. Tax & Trade*
Testimony of James E. Hansen
Committee on Ways and Means
United States House of Representatives
25 February 2009
*'Tax and Trade' is pseudonymously and sometimes disingenuously termed 'Cap & Trade'
Opening Oral Statement
We have a planet in peril. The President recognizes this. The situation is clear. Evidence from Earth's history and ongoing climate changes reveal that the dangerous level of atmospheric carbon dioxide is much less than once believed. The safe level is no higher than 350 parts per million, probably less, and we just passed 385 ppm. Climate change threatens everyone, especially our children and grandchildren, the young and the unborn, who will bear the full brunt through no fault of their own.
It is clear that we cannot burn all fossil fuels, releasing the waste products into the air, without handing our children a situation in which amplifying feedbacks begin to run out of their control, with severe consequences for nature and humanity.
We must face the truth. ...
Entire testimony can be found at: