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Yes. A revenue-neutral carbon tax (often called "Carbon Fee & Dividend") is a politically feasible, fast, efficient way to reduce carbon emissions. To drive e
by NumberWangMan 3y ago
Yes. A revenue-neutral carbon tax (often called "Carbon Fee & Dividend") is a politically feasible, fast, efficient way to reduce carbon emissions.
To drive emissions down to zero, without massive economic disruption, start small and increase the tax gradually every year.
Coupled with a "border adjustment" (a tariff on goods coming from countries to compensate if they have less aggressive climate policies) you can solve the problem of industries being outsourced to countries where GHG pollution is cheaper, and simultaneously put pressure on those countries to implement similar policies.