How should a carbon fee be structured?
The carbon fee should be paid out in full to citizens as a carbon dividend – in equal shares, per capita.
This is not a tax that ends up in a politically administered pot.
Instead, the money flows directly into the pockets of citizens. Carbon dividends will yield income for people who emit less CO2 per capita.
Carbon fees will lead, finally, to fair pricing of CO2 emissions and will promote innovation because we must develop and implement new energy solutions quickly.