That’s a matter of proper implementation. Tax & dividend! Distribute the tax revenue to the population per capita.
That means:
If your emissions are average, you pay/earn net zero.
If you emit more than average, you pay. This will affect mostly rich people, since emissions strongly correlate with available money.
If you emit less than average, you net earn. This effectively rewards people with money gained for emissions prevented.
Since money is distributed unequally in society, this means most people will have to pay less in such a system.
The beautiful thing is, the financial incentive to emit less remains even for people who gain more than they pay. It’s also an incentive both for buyers and sellers, researchers and investors.
The people that have to pay them, I assume
People who don’t understand we need to break our addiction to petroleum based fuel. Also People who make money off of petroleum based products.
That’s a matter of proper implementation. Tax & dividend! Distribute the tax revenue to the population per capita.
That means:
Since money is distributed unequally in society, this means most people will have to pay less in such a system.
The beautiful thing is, the financial incentive to emit less remains even for people who gain more than they pay. It’s also an incentive both for buyers and sellers, researchers and investors.