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About 2.1 million new jobs. Almost $1 trillion higher GDP. About 13,000 lives saved every year. Carbon dioxide emissions reduced by 33 percent. All by 2025, with NO increased federal spending.

These are the results of a groundbreaking new study of what may now be the best solution to global warming available. The study is from Regional Economic Modeling, Inc. (REMI) and was released Monday. This study looked at the effects of imposing a carbon tax of $10 per ton of carbon dioxide emissions starting in 2016 and increasing $10 per ton per year, paid by the coal, oil and gas companies. One hundred percent of the proceeds would be returned to American households on a monthly basis, just like the Bush tax-cut checks. The model includes border protections to safeguard American business competitiveness from other countries and put pressure on China and the rest of the world to rein in their own emissions.

In short, REMI models a steadily increasing and "revenue neutral" carbon tax, with border protections.

Such a tax is designed to protect American businesses and households from increased costs while letting the market adapt its own ways of reducing dangerous global warming emissions and transition to the energy economy of the future without growing the size of government (no new tax income) or picking winners and losers (think Solyndra).