SUMMARY: “Giving taxpayers $250 per month, reducing carbon emissions and boosting the economy. This is what the future could hold if the United States imposed a revenue-neutral carbon tax on fossil fuel production.”

Mike Ludwig, “Report: A Carbon Tax That Would Create Jobs, Cut Emissions and Put Money in Your Pocket.” Truthout, 12 June 2014.

More than two dozen major American corporations, including the five oil giants, are preparing to pay climate-related taxes such as The Motiva refinery, pictured here, co-owned by Shell in Port Arthur, Texas, April 2, 2013. (Photo: Michael Stravato / The New York Times via Truthout)

More than two dozen major American corporations, including the five oil giants, are preparing to pay climate-related taxes such as The Motiva refinery, pictured here, co-owned by Shell in Port Arthur, Texas, April 2, 2013. (Photo: Michael Stravato / The New York Times via Truthout)