Re:Big Coal Plants Begin to Close
by adrianN on Sunday August 18, 2019 @12:32AM
(#20728249)
Any serious carbon tax scheme proposed is income neutral; a tax-and-dividend system.
[ Parent
| on HN ]
Can you explain how it would work in this case please?
Re:Big Coal Plants Begin to Close
by godtoldmetodoit on Tuesday August 20, 2019 @09:42AM
(#20746895)
You tax carbon at say, $40 a ton. You then distribute any revenue from the tax as a dividend to every adult in the country.
It results in a net increase in purchasing power for your most vulnerable citizens.