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So, what happens if this carbon tax works like I suspect we want it to? Doesn't that mean there will be less carbon tax revenue, because we've compelled compan
by Alupis 6y ago
So, what happens if this carbon tax works like I suspect we want it to?
Doesn't that mean there will be less carbon tax revenue, because we've compelled companies to be more green?
Who pays for the UBI then?
- sleepychu 6y agoThe change will be incremental, policy makers will have time to see that the funding is evaporating and identify alternative sources. For example, increased GDP from an economy no longer plagued by pollution and the devastating weather events caused by climate change.
- zpeti 6y agoRight, so you’ve just admitted your argument is flawed, it won’t work in the long run, and “it’s complicated”. But yeah, sounds absolutely perfect, carbon tax plus ubi. Problem is that’s it, it sounds great.
- millstone 6y agoAgree with this. From a political perspective, tying a carbon tax to any other progressive or conservative policy makes it less likely to succeed. Ideally the carbon tax should fund...nothing! A pure dividend, all monies repaid to everyone. Climate change requires long term thinking, which means it requires an enduring institution, like Social Security. It must not be entangled with the vagaries of the political moment.
- rattray 6y ago> A pure dividend, all monies repaid to everyone. You mean... UBI?