Question

What would you do with the revenue gained from a carbon tax?

Answer 1

By putting a tax on carbon emission the government will be getting a lot of revenues and that revenue can be used for many purposes like giving back to the low income families that will face a huge burden of the tax that will provide them with some relief. Another use could be putting that revenue to support further efforts to reduce greenhouse gas emissions also setting up research and development facilities to come up with innovative ways to reduce the harm done to the environment and we could also use those revenues for funding public needs that are unrelated to climate like reducing the budget deficit.