Where does the money for the rebates and clean energy investments come from?
It is raised by requiring companies that import or mine coal, oil and natural gas-the fossil fuels-to buy a permit for every ton that they bring into the U.S. economy. These companies, 2,000-3,000 of them, will buy these permits at a government-organized auction. It is projected that between $42 billion and $126 billion will be raised in 2012, the first year of this program, and over time that amount will likely grow, as will the rebates to the American people.
