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But then every negative externality not taxed is subsidized. It dilutes the meaning of subsidy because with this new definition government accounting doesn't m
by ErikVandeWater 9y ago
But then every negative externality not taxed is subsidized. It dilutes the meaning of subsidy because with this new definition government accounting doesn't make sense - the government is 'paying' trillions to subsidize all kinds of negative externalities (but it never actually does).
Also, if the government actually subsidizes a negative externality, you're in a thicket, since some of it is a real subsidy and some of it is the estimated negative externality subsidy.
- sqeaky 9y agoLet the lexicographers deal with the semantics and meanings words. Simply put fossil fuels create a lot of problems they doesn't pay for. You are paying with your lungs to line the pockets of Exxon shareholders.