Are wealthy people going to pay more for carbon emission cuts?



  1. 0 Votes

    In some ways, yes. The cap and trade system will essentially raise prices on all goods and services. Production costs for everything will go up, meaning these costs will be passed onto the consumer in the form of high prices. If you buy more stuff, you’ll be hit more by the emissions cuts. Since the wealthy tend to consume more, they will probably pay more for the emissions cuts as well.

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