WRI summary of the Carbon Limits and Energy for America's Renewal Act
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Monday, 22 February 2010 |
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World Resources Institute
WRI's summary provides a concise overview of S. 2877, the Carbon Limits and Energy for America’s Renewal Act (herein referred to as CLEARA), as introduced by Senators Cantwell and Collins on December 11, 2009.
CLEARA would establish a program to limit the sale of carbon contained in all fossil fuels sold in the United States. Revenue generated from the program is primarily distributed to eligible U.S. citizens through dividend payments with some revenue set aside for other purposes.
Read the complete report on the WRI website.
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