Read the article "Carbon Taxes" by Govinda R. TimilsinaIn.

Explain why (according to the article) carbon taxes might be regressive. How could this be addressed via use of tax revenue? Explain the difference between a lump-sum rebate, a cut to labor taxes and a cut to capital taxes. Which policies appear to better address the potential regressive nature of the tax and why? How would you choose to manage carbon tax revenues if you were in charge of implementation in the US?

In the response, provide your own take on the analysis presented/summarized, but be sure to point to specific passages and/or pieces of evidence to support your take. please have your response for an original, thoughtful, and thorough responses that tie directly to the content of the article.