This Climate Bill represents a clear improvement on past attempts. The use of half the funds raised to finance climate action is a departure from pure Cap & Dividend but I think it is justifiable, especially as spending in the areas described is so deficient. The only real disappointment is the role of 'international offsets', presumably under the CDM and other Kyoto mechanisms, which are flawed and ineffective. Presumably this is included as a sop to the carbon trading lobby but citizens should campaign to take it out of the Bill, or at to least apply more stringent quality standards on the additionality and sustainability of these offsets than has so far been the case.