But one powerful tool is that of a carbon tax. Now the government must deliver | Matthew Pennycook Read moreWeaning our economies off fossil energy involves making it less financially attractive. There are many ways to manage the proceeds from a carbon tax. Carbon tax revenue could be used to lower a tax on labor, like the payroll tax. Moving market-oriented economies off fossil energy is going to be a long and difficult struggle.

Source: The Guardian January 05, 2021 07:52 UTC