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A tax is simply a deterrent, where c&t is an opportunity to make a boatload of money selling your credits to a carbon hog while simultaneously improving the sta
by b34r 10y ago
A tax is simply a deterrent, where c&t is an opportunity to make a boatload of money selling your credits to a carbon hog while simultaneously improving the state of the art for co2 emission reduction to free up more credits to be sold/bartered.
- skybrian 10y agoA tax provides an incentive to make money too, because it's an expense that businesses can optimize. Businesses that are better at cutting carbon output either become more profitable or gain market share (through lower prices than their competitors). It's also an opportunity for businesses that sell equipment to reduce carbon output.