It’s a fat regressive tax at a time when the lower working class is already rebelling. Invest more in technology and instead increase subsidies and build transmission lines
I believe the common name for this approach is "fee and dividend". I'm surprised I don't see it discussed very much. I would think that it should be palatable across the political spectrum.
IMF says "Globally, subsidies remained large at $4.7 trillion" https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Glo...
Seems a fat regressive subsidie...
The solution is to shift taxes and benefits rather than just adding new ones.