The differences are on the margins... many activities become unprofitable or less profitable if you have to pay carbon tax. Many fuel sources (e.g. coal) become

The differences are on the margins... many activities become unprofitable or less profitable if you have to pay carbon tax. Many fuel sources (e.g. coal) become uneconomical, so people switch. I don't see any issue with rich people polluting. Carbon tax is like LVT - we have commons (ability of the ecosystem to "absorb" emissions), we have to split it up somehow, what better way than to price them in a manner where only the amount that can be sustainably used, is used? People who can make the best use of the capacity, or are willing to burn money on it, will buy it up.