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A comment on White House eyes subsidies for nuclear plants to help meet climate targets. Parent comment

Re:White House eyes subsidies for nuclear plants to help mee... by nostromo on Wednesday May 05, 2021 @01:09PM (#27052627)
The only way to make this work is to put the carbon tax into a fund that the US government has no access to, and to empty the fund every year, writing each American a check.
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Re:White House eyes subsidies for nuclear plants to help mee... by thinkcontext on Wednesday May 05, 2021 @01:41PM (#27053075)
Agreed. This is the approach favored by Janet Yellen, Biden's Treasury Sec and everyone from the NRDC to Exxon.

https://clcouncil.org/

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Re:White House eyes subsidies for nuclear plants to help mee... by kstrauser on Wednesday May 05, 2021 @01:24PM (#27052820)
So, tax cuts. Got it.
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Re:White House eyes subsidies for nuclear plants to help mee... by nostromo on Wednesday May 05, 2021 @01:30PM (#27052925)
Read the comment again, it’s not a tax cut.

It’s a revenue neutral tax increase on carbon, returned to the people who are now paying more for just about everything.

Poor people who don't use much carbon will net benefit. The rich who are now paying a bit more to re-fuel their private jets will pay a bit more.

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Re:White House eyes subsidies for nuclear plants to help mee... by kstrauser on Wednesday May 05, 2021 @06:52PM (#27056845)
That's literally a tax cut, but appropriately targeted at the not-rich this time.
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