Re:Our infrastructure is being built based on past climate data
by EcoMonkey on Monday January 25, 2021 @07:48PM
(#25911043)
Carbon dividends offset the regressive nature of a carbon tax. In fact, even if you exclude the benefits of cleaner air and just look at how the carbon dividend offsets the carbon fee, folks at the lowest incomes tend to come out way ahead, at least under the Energy Innovation and Carbon Dividend Act: https://citizensclimatelobby.org/wp-content/uploads/2018/06/...
> Carbon Tax systems also end up not actually reducing carbon, but instead allow "trading" of carbon heavily producers with monopoly lock in can simply gouge their customers with higher prices to pay for "offsets", it is akin to wealth redistribution but rather with carbon
You're confusing carbon taxes with cap and trade and carbon credits. There are no pollution permits to trade under a typical carbon tax regime. Please check your facts before sharing inaccurate information.
That can not be said for others. Carbon Tax's on power generation and home heating have the nasty impact of being very regressive impacting the poorest among us disproportionately
We need to improve Alt. Energy to make it cost competitive with Fossil Fuels, and not by artificially raising the prices on Fossil fuels which harms the poor.
Carbon Tax systems also end up not actually reducing carbon, but instead allow "trading" of carbon heavily producers with monopoly lock in can simply gouge their customers with higher prices to pay for "offsets", it is akin to wealth redistribution but rather with carbon