For most countries around the world, sourcing energy entirely from wind, solar, geothermal, and hydropower by 2050 would reduce their energy needs and costs, improve air quality, and help slow climate change, according to a study in Environmental Science & Technology.
There’s a really easy solution to this problem: Evenly redistribute the carbon tax income to all citizens. That way, prices might increase, but it you manage to have a low carbon footprint, you will end up net positive.
Although it’s virtually impossible to track on a personal level, so making people actually notice that net gain might prove difficult.
This is theoretically what we do in Germany, but the government kind of forgot about the paying out part.