The Australian Climate Dividend Planinvolves a tax of A$50 per metric ton of CO2 emissions on electricity, direct combustion, transport, fugitive emissions, and industrial processes. The revenue generated would then be returned, evenly, to every voting-age Australian citizen. This would represent a tax-free payment of approximately $1,300 per person per annum.
Prices on petrol, oil and gas would go up, but the average Australian household is estimated to be $585 per annum better off even so.
The lowest income-quintile households would be $1,305 per annum better off.
Read the report and see if you agree that this sounds like such a no-brainer. With the purpose of making ideas like this one into law, now is the time to get into politics