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I don’t see how it’s obvious, especially since it has never been implemented outside of a small scheme in Canada where the dividend goes to businesses rather th
by twblalock 8y ago
I don’t see how it’s obvious, especially since it has never been implemented outside of a small scheme in Canada where the dividend goes to businesses rather than households.
- mlinksva 8y agoAll the more reason to implement a large scheme that returns everything to individuals, like the Energy Innovation and Carbon Dividend Act recently introduced in the U.S. House and Senate https://www.coons.senate.gov/newsroom/press-releases/sens-coons-flake-introduce-landmark-bipartisan-legislation-to-put-money-in-the-pockets-of-working-families-by-pricing-carbon-pollution https://www.coons.senate.gov/newsroom/press-releases/sens-co... On how it's obvious response to: > inequality, economic justice, the cost of living, and populist anti-establishment sentiment On the first and third (and I guess second, depending what you mean by it), it's clearly progressive, see https://energypolicy.columbia.edu/research/commentary/how-bipartisan-energy-innovation-and-carbon-dividend-act-compares-other-carbon-tax-proposals https://energypolicy.columbia.edu/research/commentary/how-bi... and on the fourth, when has there been populist backlash against sending all citizens checks, even when it is a gimmick (as in the case of various last minute rebates, IIRC)?