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#fossilfuels

74 posts59 participants7 posts today

How Carbon Fees & Dividends Work
1. Place a steadily rising fee on fossil fuels
2. 100% of fees (minus administrative costs) are returned to households each month as a dividend
3. Use a border adjustment to stop business relocation.
#tax #auspol #climatechange #fossilfuels

citizensclimatelobby.org/basic

A study from REMI shows that a carbon fee & dividend will reduce CO2 emissions 52% below 1990 levels in 20 years & that recycling the revenue creates an economic stimulus that adds 2.8 million jobs to the economy.

Citizens' Climate LobbyThe Basics of Carbon Fee and Dividend100% of the net fees from carbon fees are held in a Carbon Fees Trust fund and returned directly to households as a monthly dividend.

smh.com.au/business/the-econom
#fossilfuels #gas #tax #taxtherich

archive.md/WGT7R

#Australia is one of the world’s biggest exporters of gas…up there with the United States & Qatar. While young people are being charged an astonishing $50,000 for an arts degree, it’s a little-noticed fact that the government is providing much of our natural gas to multinational companies FREE OR CHARGE. Maybe if we impose a tax on gas exports, we could… make #education free or fund #healthcare adequately or do EV infrastructure)

The Sydney Morning Herald · Albanese is crying poor, but we’re losing billions a year from untaxed gasBy Ross Gittins