3 ms·
I'm not sure more subsidies are the best way to combat subsidies. I worry such export subsidies will cause consumers in those countries to increase consumption
by em3rgent0rdr 9y ago
I'm not sure more subsidies are the best way to combat subsidies. I worry such export subsidies will cause consumers in those countries to increase consumption and make those countries reluctant to pass a similar tax.
- rory096 9y agoThose countries already have outsized consumption because carbon externalities are not priced in. Failing to border adjust a domestic US carbon tax would incentivize them to import less, not necessarily consume less.