The Inevitable Solution to Climate Change

The challenges facing President Obama at the beginning of his term have been compared with challenges President Lincoln faced at the outset of the Civil War. Both were confronted with a nation divided between the desire to continue the ways of the past and the inevitable realities of the modern world. Today we benefit from a level of equality fought for by Lincoln while facing the new uber challenge: solving global warming.

One elegant way for President Obama to successfully implement a market-based approach to capping carbon, as he requested to Congress in his Congressional Address, is to grab hold of an idea from entrepreneur Peter Barnes called cap and cash back or cap and dividend.

Huffington Post