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If the rate is set right, it would be break even for a person who is carbon neutral.

That doesn't sound right. Wouldn't it depend on using the average amount of carbon? If you're above average you pay out more than you get back, if you're below average you get more than you pay. Probably depends on the exact way the money is returned.

I don't know about this particular scheme, but some use the proceeds to offset regressive taxes, making the scheme progressive overall.




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