•The carbon tax collects money which is then redistributed to individuals. This is what we do with carbon tax in Canada: 80 per cent of Canadians receive more from the carbon rebate than they pay in tax.  •Unlike renewable energy and electric vehicles, other technologies such as green steel and cement will never become cheaper than their polluting counterparts. So, we either subsidize every structure in our country, or we tax carbon, let people choose, and redistribute this money back to Canadians. •Subsidies are great for nascent technologies, but once the technology in question gains traction, subsidies become very costly to sustain. •The carbon tax is unpopular because it’s misunderstood; why would so many oppose a policy that makes them better off? •Eliminating the carbon tax would leave 80 per cent of Canadians worse off—only the wealthy would benefit from axing the tax. The carbon tax remains the most equitable and, yet, also the cheapest climate policy.