The rising fee will be charged to the roughly 1,140 fossil
fuel producers via a simple line item on their monthly / quarterly estimated tax filings, and the rising dividends will be distributed equally to every citizen regardless of how much carbon they consume.
Not exact matches
This discussion paper outlines the case for fossil
fuel producers and cement manufacturers (the «Carbon Majors») to provide funding
via the Warsaw International Mechanism for Loss and Damage for communities suffering loss and damage from climate change.
The analysis also included calculations of a
producer's direct emissions
via flaring and venting processes, emissions from entities using their own
fuel, and fugitive emissions of methane from oil and gas operations and coal mining.
It charges a slowly rising fee on fossil
fuel producers at the entry point to our economy (coal mine, gas / oil well or import terminal) but then returns 100 percent of the fee (less administrative costs) back to all consumers equally
via a monthly dividend check.