“Our carbon dividend approach bridges the left-right divide on climate policy,” says Holden. “It is at once conservative and progressive and provides a workable solution that will appeal to all sides of the political spectrum.”
https://newsroom.unsw.edu.au/news/business-law/unsw-launches-climate-change-tax-plan-pays-revenue-back-voters'The key to our proposal is that it not only provides strong market-based incentives to reduce our carbon emissions, it addresses the economic well-being of low-income Australians – previously a barrier to developing a meaningful policy response to climate change.'
A carbon tax followed by a carbon dividend to ease the pain.