this post was submitted on 03 Nov 2023
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European Citizens' Initiative: Taxing great wealth to finance the ecological and social transition (citizens-initiative.europa.eu)
submitted 10 months ago by tomasz@lemmy.ml to c/europe@feddit.de
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[–] frostbiker@lemmy.ca 3 points 10 months ago* (last edited 10 months ago) (1 children)

Canada has implemented a carbon tax. Maybe I've been living under a rock, but I haven't heard of it being particularly difficult to implement. As I understand it, the tax is implemented at the source, and then made revenue neutral by redistributing the revenue equally to all taxpayers.

If you burn more carbon, you pay more. If you are efficient, you get more money back than you paid in taxes.

[–] vzq@lemmy.blahaj.zone 1 points 10 months ago

I’ve heard good things. Also quite a bit of FUD. That means it’s working ;)