New Study Shows that Returning Carbon Revenues Directly to Households Would be Net Financially Positive for the Vast Majority of Households
A study commissioned by Canadians for Clean Prosperity shows that the vast majority of households, regardless of income level, would receive more money in the form of carbon dividend cheques than they would pay in carbon taxes, should the federal government introduce carbon dividends in those provinces in which it brings in its carbon tax “backstop” starting in 2019.
This study demonstrates that the objection that carbon pricing will cost average households large amounts of money is ill-founded – or at least easily mitigated. By implementing carbon dividends, the federal government can ensure that typical families will receive more money back in their dividend cheques than they will face in additional carbon costs.
Read the report: New Study Shows that Returning Carbon Revenues Directly to Households would be Net Financially Positive for the Vast Majority of Households.