What an excellent post and thought-provoking ideas.
Luis Martin del Campo
31

You raise a very good point. Part of the answer is that further ecological damage is discouraged by the very source of much of the rent — internalized externalities. But that doesn’t cover regeneration of damaged ecosystems (to the extent that nature needs a boost from us). I could definitely see allocating a portion of the rent to cover this—e.g. to compensate farmers for rebuilding their soil.

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