"The ‘carbon dividend’ is so elegant that it seems too good to be true."

"It doesn’t have to simply disappear into government coffers. And that’s the secret: it’s possible to design systems that achieve what is called revenue neutrality – where every dollar taken in tax is returned to people’s pockets. One version of this idea would send the revenue to the public as a per-capita carbon dividend, in an annual check. For example, in 2020 a $50 per metric tonne CO2 tax would return each US household an annual dividend somewhere between $1,500 and $2,000."