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by dgellow 12 days ago
The carbon tax is supposed to finance things, what Trump has done is more like forcing the crisis. More like an acceleration
1 comments

Well most of the increase in prices goes into petroleum companies' profits (at least the ones that can export). So it's technically not lost and will be invested somehow.

Like a Carbon tax, the money doesn't disappear. But to whom it gets distributed, that's another story...

Yeah, definitely would’ve preferred a revenue neutral carbon tax and dividend, but that wasn’t happening anytime soon.