NEW YORK (CNNMoney.com) -- A new proposal to curb global warming could jump start stalled Senate greenhouse gas discussions and put an average of $1,100 a year back into the pockets of American consumers.
Known as cap-and-dividend, the recently introduced bill would require oil, coal, and natural gas companies to buy permits each month to sell their fuel. Three quarters of the proceeds would be returned to the public each month in the form of a dividend check, with the remaining money going towards renewable energy, conservation or assistance programs.
http://money.cnn.com/2009/12/23/news/ec ... 2009123014
Well guys, be ready for a gas and coal price hike if this goes through!