carbon tax, implemented in 2008, could be considered as ‘fee and dividend’, although there are some differences. Rather than entirely or mostly being returned as a dividend to households, most of the revenue is used to provide tax cuts for businesses (around 55% of revenue) and individuals (around 23%). The dividend component comes in the form of a tax credit to low- and middle-income families and accounts for around 17% of carbon tax revenue. As of 1 July 2022, the maximum amount an adult (and their partner) can receive is CAD $193.50 annually, paid in quarterly instalments, and $56.50 per child. The policy is popular amongst residents in British Columbia, with polls showing between 55% and 65% support for the tax. Austria In July 2022, Austria implemented a carbon tax and dividend, which will be paid in the form of a ‘climate bonus’ of €100 to €200 per year, depending on where they live (e.g. those in rural areas will receive a larger dividend) and their access to public transport. The carbon tax rate commenced at €35 per ton of CO2-e and will rise to €55 per ton by 2025. All residents, regardless of citizenship and age, will receive the bonus provided they had resided in Austria for six months. The dividend will be paid directly by cheque or bank deposit. Political support United States Carbon fee and dividend is the preferred climate solution of Citizens' Climate Lobby (CCL). Citizens' Climate Lobby argues that a fee-and-dividend policy will be easier to adopt and adjust than relatively complicated cap-and-trade or regulatory approaches, enabling a smooth, economically positive transition to a low-carbon energy economy. James Hansen, Director of the NASA Goddard Institute for Space Studies has frequently promoted awareness of carbon fee and dividend through his writings and frequent public appearances, as well as his position at Columbia University. A Carbon Dividends plan has been proposed by the Climate Leadership Council, which counts among its members 27 Nobel laureates, 15 Fortune 100 companies, all four past chairs of the Federal Reserve, and over 3000 US economists. Among those supporting the Climate Leadership Council's Carbon Dividends Plan are Greg Mankiw, Larry Summers, James Baker, Henry Paulson, Ted Halstead, and Ray Dalio. It claims to be the most popular, equitable and pro-growth climate solution. Inspired by the market-friendly structure of carbon fee and dividend, Republican Congressman Bob Inglis introduced H.R. 2380 (the 'Raise Wages,