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Not obvious why #3 is impossible. You can forecast revenue changes from a carbon tax and revenue losses from an income tax, set rates accordingly, and adjust as
by graeme 6y ago
Not obvious why #3 is impossible. You can forecast revenue changes from a carbon tax and revenue losses from an income tax, set rates accordingly, and adjust as you go. This is especially feasible if you have a 50 year timeframe.
Should be quite feasible to make it revenue neutral and this rob no politician of their project.
Nuclear would have been great 50 years ago! My argument is that the project I outlined above would have given market based incentive to make nuclear competitive.
If level headed people of all stripes had focussed on the problem it would have been solveable.
(Since I can’t edit my comment above, I should add for posterity: obviously not all environmentalists are bad at math or systems thinking, and some of them had sensible solutions. But we would have had better solutions if others joined too)