• Why a cap is an unpredictable tax that will start high

• How refunds can make a cap or tax almost free

• Why China has rejected caps (it predicted this a year ago)

• How Kyoto II could fight OPEC and climate change

• Why this would strengthen both efforts

• The danger of market speculators setting permit prices

Carbonomics also explains (1) peak oil, (2) climate uncertainty, and (3) how to make Detroit like fuel economy, (4) why the next 'Kyoto' agreement (this December) will likely fail, and (5) what to do about it.

Carbonomics shows how Kyoto II (happening in Copenhagen in December 2009) could solve the climate problem and provide energy security. These goals do not need to conflict, they can reinforce each other. But if Copenhagen fails, we will be stuck capping our carbon and paying for China and India to make minor reductions. Carbonomics brings you the big picture in focus.

Carbonomics explains the myths and confusions that keep the two sides at odds. One key confusion is the environmentalists' belief that a cartel would force down OPEC's price, so the world would use more—not less—oil. But the ONLY way a cartel can beat OPEC is to use less—not more—oil. Both sides forget what Carbonomics explains:

The price of oil will be lower, but the price of gasoline must be higher!

To raise the price without hurting consumers, we need James Hansen's "tax and 100% dividend," or as Carbonomics calls it, the "untax." Tax oil, but give the revenues back on and equal-per-person basis, like they do in Alaska. No, Alaskans do not spend it all on gasoline! This really works. And, because it drives down the price of 12 million barrels imported every day, it saves big bucks.

We can't explain it all here, you'll have to read the book. Look before you buy, or download five sample chapters. But if you care about our energy future, read Carbonomics, study this web site, and leave us your comments. And whether you're for climate stability, energy security or both, tell people about the Carbonomics approach. Only by cooperation can we gain the power to stop the Big-Fossil juggernaut and fix the climate.

Join us in uniting America to defeat OPEC and climate change.

—Steve Stoft  &  Dan Kirshner

China and India have nixed caps. Without these caps, Kyoto fails. What can be done?

Carbonomics explains "wrecking" the economy, "peak oil," caps, carbon taxes, and Kyoto.

Carbonomics is the only book that explains, in plain English, how energy markets really work, and what policies truly make sense.

The only popular book written by a top energy economist and praised by other top energy experts—not just by other energy journalist and gurus.