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This. Taxes (and some kinds of regulation like Germany's "fell a tree, plant a tree" rules) are immensely helpful to price externalities into the market.
by realityking 10y ago
This. Taxes (and some kinds of regulation like Germany's "fell a tree, plant a tree" rules) are immensely helpful to price externalities into the market.
- mseebach 10y agoChopping down and burning a tree would incur the carbon tax, so the idea would be that this would incentivise you to plant a new tree. Perhaps planting a tree should incur a negative carbon tax.