I can see why you didn't go with the article's original headline ROFL Overall, though, I'm not sure what this accomplishes that a properly structured cap & trade program with carbon credits...
I can see why you didn't go with the article's original headline ROFL
Making the Fed’s Money Printer Go Brrrr for the Planet
Overall, though, I'm not sure what this accomplishes that a properly structured cap & trade program with carbon credits wouldn't. You wouldn't be handing out money, instead you'd be having everyone who emits carbon be paying people who sequester or enable removal of carbon.
Yeah I have definitely heard of the concept of a revenue neutral carbon tax. Amplifying that with printing money would be very powerful.
I can see why you didn't go with the article's original headline ROFL
Overall, though, I'm not sure what this accomplishes that a properly structured cap & trade program with carbon credits wouldn't. You wouldn't be handing out money, instead you'd be having everyone who emits carbon be paying people who sequester or enable removal of carbon.