Want free money? campaign for carbon taxation!

FREE MONEY

The Nurse likes the sound of free money, even though there’s bog all to spend it on in a Secure Unit. And doing the environment a big favour at the same time makes carbon tax sound even better. 

A carbon tax taxes the use of fossil fuels. So the user, whether they’re a business or an individual, pays for what they use directly and proportionally. In effect, the polluter pays; we all pay.

So where does the ‘free money’ bit come in? Here are the ins and outs:

A carbon tax economy  

  • a carbon tax would be difficult to dodge; those who use fossil fuels would immediately pay a higher price

  • every penny raised by carbon tax is divided equally between a country’s citizens (a practice called ‘tax and 100% dividend’)

  • people who have big cars that guzzle fuel, and huge homes, will lose out because their tax dividend will be eaten up by their fuel use

  • but most folk will be richer, gaining much more in dividends than they shell out on fuel costs

All of which serves as a seriously strong incentive to cut down on fossil fuels.

The Nurse feels a carbon tax would be much more effective than protocols like Kyoto, which don’t go far enough to disincentivise fossil fuel use, let alone incentivise responsible behaviour. And she’s not alone. Carbon taxation is supported by NASA scientist James Hansen as well as a growing number of experts across a wide range of disciplines.

Free money is hard to argue with. And the thought of a tax that encourages individuals and corporations to co-operate is inspiring. The Nurse believes that carbon tax has an enormous hidden social benefit: give us all a real, tangible stake in saving our environment and we’ll happily run with the idea.