[lukifer]

Yes. I've become convinced that Pigovian taxes [0] (connected to a basic dividend) are the answer to climate change, and to ecological externalities in general. (In addition to greasing the wheels of political viability, a dividend ensures that paying the true cost of carbon is not a de-facto regressive tax, as that cost hits the working class the hardest.)

[0] https://en.wikipedia.org/wiki/Pigovian_tax

[eduren]

I agree that we will definitely want to do it in a way that minimizes how regressive the outcome is.