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A nice element of carbon taxes is that, if desired by voters, can be revenue-neutral and substitute other tax revenues. This helps encourage your economy to gro
by danbolt 7y ago
A nice element of carbon taxes is that, if desired by voters, can be revenue-neutral and substitute other tax revenues. This helps encourage your economy to grow in ways that avoid environmental externalities.
Canada has recently implemented one federally and it has a lot of pushback in regions where a larger portion of their economy has historically come from bitumen tar sands. Other regions with different economies are more receptive to it.