Some subscribers to TIPS might be interested in a discussion list post "Re: 
James Hansen's 'Too Little, Too Late? Oops?' " [Hake (2014)]. The abstract 
reads:

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ABSTRACT: Climate scientist James Hansen (2014) <http://bit.ly/omiMY3>, in his 
report "Too Little, Too Late? Oops?" at <http://bit.ly/1m15lmz> wrote 
(paraphrasing):

 "Many queries received: is Obama's climate effort 'too little, too late?' 
Closely related query: are we at an 'oops' moment, a realization that we have 
pushed the climate system too far, so consequences such as ice sheet 
disintegration and large sea level rise are now out of our control? . . . . . . 
. . . . . . . . . . . . . . . . . . . . . .

 The answer re 'too little?' is obvious from the fact that governments, ours 
included, are allowing and encouraging industry to go after every fossil fuel 
that can be found. Rather than dwelling on that fact, let's consider the action 
needed to avoid 'too late'.

 Citizens Climate Lobby <http://citizensclimatelobby.org/> just released a 
study 'The Economic, Climate, Fiscal, Power, and Demographic Impact of a 
National Fee-and-Dividend Carbon Tax.' A 3-page summary by Danny Richter is at  
<http://bit.ly/1ypEENy>. 

 According to their comprehensive analysis of the impacts of a carbon 
fee-and-dividend (CF&D) in the United States, with 100% revenue distribution of 
the money to the public in equal shares as direct payments: the fee would start 
at $10/ton of CO2 and increase $10/ton each year; 100% of the revenue is 
returned to households, equal amounts to all legal residents. This approach 
spurs the economy, increasing the number of jobs by 2.1 million in 10 years. 
Emissions decrease 33% in 10 years, 52% in 20 years.

 Contrary to the wails of fossil-fuel-industry kingpins, the fossil fuel CF&D 
stimulates the economy, modernizes infrastructure and saves 13,000 lives per 
year via improved air quality. GDP increases, with fee-and-dividend causing a 
cumulative GDP increase of $1.375 trillion.

 Why do these results differ from previous studies concluding that a carbon tax 
would be costly? The main reason is that other studies do not have 100% 
recycling of funds to the public; instead part of the money is taken as a tax, 
to increase the size of government."

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 To access the complete 37 kB post please click on <http://bit.ly/1w3Arx1>.

 Richard Hake, Emeritus Professor of Physics, Indiana University; LINKS TO: 
Academia <http://bit.ly/a8ixxm>; Articles <http://bit.ly/a6M5y0>; Blog 
<http://bit.ly/9yGsXh>; Facebook <http://on.fb.me/XI7EKm>; GooglePlus 
<http://bit.ly/KwZ6mE>; Google Scholar <http://bit.ly/Wz2FP3>; Linked In 
<http://linkd.in/14uycpW>; Research Gate <http://bit.ly/1fJiSwB>; Socratic 
Dialogue Inducing (SDI) Labs <http://bit.ly/9nGd3M>; Twitter 
<http://bit.ly/juvd52>.

 

REFERENCES [URL shortened by <http://bit.ly/> and accessed on 22 June 2014.]

Hake, R.R. 2014. "Re: James Hansen's 'Too Little, Too Late? Oops?' "  Post of 
20 Jun 2014 09:08:40 -0700 to AERA-L and Net-Gold. Online on the OPEN! AERA-L 
archives at <http://bit.ly/1w3Arx1>.The abstract and link to the complete post 
are being transmitted to several discussion lists and are on my blog 
"Hake'sEdStuff" at <http://bit.ly/SXSnuh> with a provision for comments.

 
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