Re:Carbon Removal Technologies
by aidenn0 on Tuesday October 23, 2018 @06:56PM
(#18288220)
All carbon taxes can be made non-regressive by giving each citizen (or resident, or taxpayer or whatever) a credit.
A form of cap-and-trade in which the carbon credits are auctioned off to emitters (and retail fuel sellers) and the profits are distributed equally to all residents would likely be progressive, since wealthy people are likely to have a higher carbon footprint.
[edit]
The biggest problem with any sort of carbon tax is that at some point it incentivizes evasion more than conservation. e.g. importing finished goods and electricity rather than raw materials and fuel just moves the emissions to another country.
A form of cap-and-trade in which the carbon credits are auctioned off to emitters (and retail fuel sellers) and the profits are distributed equally to all residents would likely be progressive, since wealthy people are likely to have a higher carbon footprint.
[edit]
The biggest problem with any sort of carbon tax is that at some point it incentivizes evasion more than conservation. e.g. importing finished goods and electricity rather than raw materials and fuel just moves the emissions to another country.