DeSmog

Facebook-f X-twitter
Subscribe

DeSmog

Donate
Search
Search

One Way To Fight Global Warming Is To Trust the Sky!

By Ross Gelbspan
on

There is a way to slash emission of greenhouse gases that’s politically practical. It’s called a “sky trust” and it’s roughly analogous to the Alaska Permanent Fund, which since 1976 has sent every Alaska resident a dividend check each year with a share of the state’s oil revenues.

The notion of a huge public trust begins with two simple ideas that have the potential to cut the Gordian knot on energy policy. The notion is the brainchild of Peter Barnes, author of Capitalism 3.0.

By Ross Gelbspan

Related Posts

‘Grassroots’ Pro-Industry Group Receives Millions in Sponsorship Money, Financial Records Show 
ByTaylor Noakes
on
While Canada Action claims to be funded by ordinary Canadians, donations only made up 0.5% of its revenue in 2024.
Financial records obtained by DeSmog reveal that Canada Action receives millions of dollars in sponsorship money. Image credit: Mary Stuart.
Somalia’s Parliament and Public Are Questioning the President’s Shadowy Oil Deal With Turkey
ByOscar Rothstein
on
Some MPs say the arrangement — which gives Turkish Petroleum 95 percent of revenues on estimated 20 billion barrels of oil — is "illegitimate".
UN Fails to Disclose Company Names on Biodiversity Summit Delegates List 
ByRachel Sherrington, Clare Carlile and Brigitte Wear
on
Hundreds of representatives from the world’s most powerful industry bodies representing sectors that harm, or exploit, the natural world were present on the ground at the October nature summit in ...
Series: Big Ag's Climate Push
French Oil Giant Backs Dozens of Lobby Groups Fighting New Methane Rules Around the World
ByCécile Marchand and TJ Jordan
on
TotalEnergies has won plaudits for voluntary steps to tackle the planet-heating gas. So why does it fund moves to delay, dilute or dismantle regulation?