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Carbon taxes end up being a regressive tax on the poor (not entirely, but marginally), especially given that poorer folks are often forced to commute longer dis
by zjaffee 7y ago
Carbon taxes end up being a regressive tax on the poor (not entirely, but marginally), especially given that poorer folks are often forced to commute longer distances and live in less well insulated and modernized homes.
An approach that focuses on decreasing the price of clean technology, rather than one that just raises the price of dirtier tech and assumes later rebalancing would be a much more effective approach, with possibly still having carbon taxes for corporations, but not individuals.
- ericd 7y agoIt doesn't have to just be a tax, the government could make it revenue neutral and use the revenue to provide an offsetting subsidy for cleaner tech.