If we want to speed up the end of fossil fuels, while not increasing poverty, and not artificially distorting markets and technological developments by politica

If we want to speed up the end of fossil fuels, while not increasing poverty, and not artificially distorting markets and technological developments by politically meddling with costs, we have to do these 3 things: 1. Introduce a substantial carbon tax on extraction and import of any fossil energy source. This should include embodied energy, like aluminum. 2. Pay back part of the tax gains to the poorer population in form of a universal basic income (it could be some other scheme but I think this is the best one). 3. Subsidize any form of non-fossil energy generation, INCLUDING STORAGE, from the carbon tax. This subsidy MUST be non-discriminatory, it must not depend on promised future efficiencies in a technology but what it actually delivers, today. And it must give incentive to make any technology, and also energy distribution, consumption and storage, more efficient. It could be, for example, night time storage heaters (which were heavily promoted in the 1950s / 1960s to make nuclear more economical). What we should NOT do is to subsidize some technology which has been making fancy promises since five decades, without really delivering them. Among other things, this would be market distortion, and precisely because it would reduce our effectiveness in fighting climate change, it would be very harmful. At worst, it would result in that we do effectively nothing, while pretending we do.