"Under the proposal, described by the committee as a 'household friendly' approach, Californians would receive 75 percent of the proceeds from emissions auctions, either in tax decreases or checks sent directly to residents. The proposal was one of several released on Monday (1/11) in a final report from the 16-member Economic and Allocation Advisory Committee, which is charged with advising the state's Air Resources Board on a cap-and-trade system."

via Planetzine

Full Story: California Panel Considers Money From Climate Rules