Why the allocation of Carbon Tax revenue matters more than the cost by Pragmatic Reduction
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SUBJECT: Your proposal in the Climate CoLab
Proposal: Why the allocation of Carbon Tax revenues matter more than the cost
Contest: U.S. Carbon Price
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2015 Climate CoLab Judges
This is a very realistic and clear proposal. Proposal is essentially focused on revenue recycling. It would benefit from offering some more evidence of why allocation levels are set as they are - why more to business than to R&D? Why a direct refund to citizens? There is no real discussion of how to get governments to agree - in fact, political assessment is more a polemic than a proposal
Even so, the impact, as for all carbon tax proposals, could be large. However, the proposal would benefit from elaborating on how impact could be increased through the revenue allocation schema.
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