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Energy costs should probably be progressive. If you need more than the poor your cost starts shooting through the roof. This reminds me of that popular "realit
by datavirtue 2y ago
Energy costs should probably be progressive. If you need more than the poor your cost starts shooting through the roof.
This reminds me of that popular "reality" show where they remodel a family's home and surprise them with what is basically a palace. Afterward the families are shattered by energy costs, and eventually exorbitant property taxes. Off camera they are forced into forclosure and end up in debt.
After the first month or so they are forced to seal off most of the house as they desperately try to stay afloat. Lacking financial savvy, most end up mortgaging the home.
- david-gpu 2y agoA carbon dividend solves that problem. Put a price on each ton of carbon released in the atmosphere, then redistribute an equal dividend to each citizen. The wealthiest people will end up paying more than they receive back, while the poorest will receive a boost. All while incentivizing low carbon alternatives in every sector of the economy.