They'll have a choice between two similar products. One is $10 because of a $5 carbon charge, the other is $6 with a $0 carbon charge. What will they choose?
They'll choose the $6 one, and keep their carbon tax dividend in their pocket too.
They won't really be worse off.
On the other hand, the rich will be worse off because they take more flights, consume more resources, and generally cause more carbon emissions anyway from their day-to-day lives.
They'll choose the $6 one, and keep their carbon tax dividend in their pocket too.
They won't really be worse off.
On the other hand, the rich will be worse off because they take more flights, consume more resources, and generally cause more carbon emissions anyway from their day-to-day lives.