Carbon Tax May Boost Australia's Economy, Not Just Environment
newscatcher
2023-08-02 20:33
Carbon Tax May Boost Australia's Economy, Not Just Environment
A new study has found that a carbon tax, accompanied by "revenue recycling", can produce both environmental and economic benefits for Australia. Mona Mashhadi Rajabi Postdoctoral Research Fellow, University of Technology Sydney Revenue recycling means money reaped from a carbon tax would be redirected back into the economy. This means the money accumulated from the tax would be redistributed between different stakeholders in the economy without increasing the government's revenue.

https://www.miragenews.com/carbon-tax-may-boost-australias-economy-not-1058950/

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