3 ms·
Agreed though it me be difficult to make it acceptable to masses, especially poorer folks who may be push towards voting red and effectively nullifying such cha
by DesiLurker 4y ago
Agreed though it me be difficult to make it acceptable to masses, especially poorer folks who may be push towards voting red and effectively nullifying such change in short order. It may be more palatable to make it revenue neutral and give the money back as refund based on income.
Another way to think about it is the right price of carbon is (in steady state) is the cost to remove the equivalant amount of carbon if we dont want to worsen the situation. So a small portion of this revenue (carbon-tax) could be directed towards subsidizing properly vetted carbon removal techs. of course this number will be high initially so we'll have to taper in the change but it will also give chance for better public acceptance and maturity for carbon removal tech.