An equitable and effective approach to addressing climate change can be set through giving each citizen an equal number of emission permits.
Addressing climate change requires a price to be put on greenhouse gas emissions. The major political parties are signaling they wish to do this through issuing permits that cap the total volume of emissions and can be individually traded.
The Sustainability Council proposes that instead of giving these permits to emitters, they be given to New Zealand citizens. Everyone then gets a cheque when they sell their permits to agents who buy for the upstream suppliers, such as fossil fuel importers.
Read the briefing: Popular Decarbonisation