The carbon dividends

This article proposes the adoption in the United States and beyond of a “carbon price and dividend” strategy in order to mitigate climate change, a strategy based on ecological efficiency as much as on social justice. I first review the ecological efficiency arguments which plead for the establishment of targeted carbon price, I then present the logic and the expected results in terms of income distribution of the introduction of “carbon dividends”.Codes JEL: Q3, Q5, D3, D6.