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Carbon dividends offset the regressive nature of a carbon tax. In fact, even if you exclude the benefits of cleaner air and just look at how the carbon dividend
by EcoMonkey 6y ago
Carbon dividends offset the regressive nature of a carbon tax. In fact, even if you exclude the benefits of cleaner air and just look at how the carbon dividend offsets the carbon fee, folks at the lowest incomes tend to come out way ahead, at least under the Energy Innovation and Carbon Dividend Act: https://citizensclimatelobby.org/wp-content/uploads/2018/06/HIS2-Working-Paper-v1.1.pdf https://citizensclimatelobby.org/wp-content/uploads/2018/06/...
> Carbon Tax systems also end up not actually reducing carbon, but instead allow "trading" of carbon heavily producers with monopoly lock in can simply gouge their customers with higher prices to pay for "offsets", it is akin to wealth redistribution but rather with carbon
You're confusing carbon taxes with cap and trade and carbon credits. There are no pollution permits to trade under a typical carbon tax regime. Please check your facts before sharing inaccurate information.