Comment by tzs

> A $100/ton carbon tax would raise $490b(based on 4.9 billion tons of co2 emissions[0]) per year that could be distributed to lower income households (to offset the effect, making the tax progressive) and be used to fund green energy investment.

Better is to distribute all of it back to the people with everyone getting the same amount regardless of income. People who are using less carbon than the per capita average end up getting more back than they spent and people using more than the average end up paying a net tax.