I think people are missing the point of what the rebated money is for in a Carbon tax. It isn’t to reduce Carbon footprint. It’s to spend on whatever you would normally spend money on. The reason you rebate all of the Carbon tax money is so the economic impact of the tax is near zero.
It’s why spending the Carbon tax funds on green projects rather than general revenues which reduce other tax rates or general rebates to the population is so terrible.
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