While the premise is simple, the details of implementing carbon dividends are complex.Carbon dividends are the hottest idea in climate policy. A diverse mix of progressive and conservative voices in America are backing the idea of returning carbon tax revenues to households in the form of regular “dividend” payments. So are a range of businesses and environmental groups. In November 2018, six House members — three Democrats and three Republicans — introduced carbon dividend legislation.
Contrary to what its unflattering title suggests, this “zero draft” marks a key milestone in the effort to bring about a UN treaty on business and human rights.