Re:Fighting climate change may be cheaper and more beneficia...
by bryanlarsen on Wednesday July 10, 2019 @09:27AM
(#20401714)
I claim that carbon tax is closer to pareto optimal then no carbon tax, since without a carbon tax the externalities are not accounted for.
Sure there would be losers, but there would also be winners. You claimed "reduce living standards for a generation with several percentages", I claim there would be a balance between losers & winners and the economic impact would be minimal.
The dividend goes a long way to ensuring that the losers are concentrated among the rich and the average poor person benefits.
Sure there would be losers, but there would also be winners. You claimed "reduce living standards for a generation with several percentages", I claim there would be a balance between losers & winners and the economic impact would be minimal.
The dividend goes a long way to ensuring that the losers are concentrated among the rich and the average poor person benefits.