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A comment on Europe must ban Bitcoin mining to hit the 1.5C Paris climate goal, says Sweden. Parent comment

Re:Europe must ban Bitcoin mining to hit the 1.5C Paris clim... by spiralx on Tuesday November 23, 2021 @08:21PM (#29325915)
You pair the tax with a redistributive dividend to ensure that the change is neutral for the least well-off.

https://www.lse.ac.uk/granthaminstitute/news/why-carbon-divi...

https://www.scientificamerican.com/article/carbon-dividends-...

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Re:Europe must ban Bitcoin mining to hit the 1.5C Paris clim... by derekjdanserl on Tuesday November 23, 2021 @10:50PM (#29326759)
So, means testing?
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Re:Europe must ban Bitcoin mining to hit the 1.5C Paris clim... by jdlshore on Tuesday November 23, 2021 @11:38PM (#29326962)
As implemented in Canada, no; all carbon tax dividends (less an amdminisrration fee?) are distrubuted equally to citizens. At least that’s my understanding. I haven’t studied it deeply.

The net result is that the people with the lowest carbon footprint make a profit and the ones with the most take a loss. Seems like a reasonable approach to me.

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