Carbon pricing is a feature of most interpretations of Georgist economics, a model that proposes fees on the industrial consumption of things that are or should

Carbon pricing is a feature of most interpretations of Georgist economics, a model that proposes fees on the industrial consumption of things that are or should be commonly owned (air, water, the radio spectrum, fossil fuels, etc), and redistributing the income. The Alaska Permanent Fund is an example - companies are charged a hefty fee for extracting Alaskan oil, which goes into a trust fund. That trust is then distributed equally to all Alaskan residents. This is probably a more effective approach than the usual cap-and-trade carbon tax models.