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Why a carbon tax on investment income could make it less profitable to pollute
(www.fastcompany.com)
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Which article? Was there meant to be a link?
Also, and I must say I haven't kept updated on the topic, I thought the idea of a carbon tax is to tax the emitters of greenhouse gases? Tax the companies responsible for most of the emissions. If they can't find a cheap way to do it they will increase prices of their products and lose out to competitors who can cheaply limit emissions?
Just updated with the link to the article, apparently it had gotten removed when I also added an image ¯\_(ツ)_/¯
Regarding the carbon tax, the article talks more about it, but in short, taxing emitters, even with a dividend, puts more pressure on lower income families, whereas taxing investors more proportionally keeps the pressure on higher income individuals, especially those in the top 0.1% who likely have significant sway over business decisions.