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People are most likely to support climate policies that they consider to be fair. With the recent rise in alarmist rhetoric around the ‘cost’ of net-zero and the need to ensure a just low-carbon transition, Josh Burke explores the case for recycling the proceeds of a carbon tax back to households. Read more

Building on simulations using Integrated Assessment Models and historical evidence, this paper explores some of the issues posed by this dual financing challenge. We discuss the "fiscal self-reliance" of the energy sector, finding that carbon pricing would generate sufficient fiscal revenues within each region to finance total investment in energy supply. Read more

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