If the reason for a carbon tax is primarily to change behaviour, what is the behaviour that households can change to reduce their carbon tax payments?
Curiously, the same behaviour will reduce waste of resources as well as cut emissions. We will have a User’s economy, not a Consumers’ economy.
Remember the lesson of the great Newfoundland cod fisheries. Rudyard Kipling’s Captains Courageous gives a description of fish so plentiful that the waters seethed with them. In 1977 Canada tried to stop the reduction of the cod stocks by declaring 320 kilometers off Newfoundland off limits to foreign factory ships. The local industry flourished, bringing prosperity to Newfoundland.
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