Not exact matches
They will also continue to point out that the U.S. still has high per - capita emissions, remains the
largest historic emitter, is a
large importer of carbon - intensive goods made in the developing world, and has become a major producer of fossil
fuels.
The recent push to shift responsibility for compliance with the Renewable
Fuel Standard (RFS), from refiners and
importers to independent blenders and retail gasoline stations, is a flawed approach that could impact consumers at the gasoline pump and does nothing to fix the
larger set of problems that plague the RFS — problems Congress must address by repealing the program or significantly reforming it.
This could be done with a simple upstream cap - and - trade system in which all of the needed allowances are sold (auctioned)-- not given freely — to fossil -
fuel producers and
importers, and a very
large share — say 75 % — of the revenue is rebated directly to American households through monthly checks in a progressive scheme through which all individuals receive identical payments.