Dr. Muireann Lynch:

We have a different name for the dividend model but we have considered other ways of recycling the revenues to households. None of them, however, was contingent on reducing energy expenditure. Some of our work considers behavioural changes, some not, for technical reasons. Whether behavioural responses to carbon taxation are taken into account it is possible to make everybody better off. The revenues can be redistributed progressively. That applies to short and long run responses.