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This completely ignores the fact that climate change is not local problem, as well as the difficulty that has preceded all previous attempts at multilateral act
by chumali 8y ago
This completely ignores the fact that climate change is not local problem, as well as the difficulty that has preceded all previous attempts at multilateral action.
Good luck convincing the manfucaturing lobby that they should have to pay additional carbon taxes when their foreign competitors already enjoy significantly lower regulatory costs. All that a carbon tax would acheive is carbon leakage, with production eventually being shifted abroad. [1]
[1] https://en.wikipedia.org/wiki/Carbon_leakage https://en.wikipedia.org/wiki/Carbon_leakage
- Tomminn 8y agoEveryone massively overestimates the actual cost of offsetting carbon. $50B more tax per annum on the US economy is jack shit. It's like 1% of the current US federal tax. It's barely gonna affect any industry. No-one will change their ways. And yet it will get us to carbon zero.
- AstralStorm 8y agoThat is just USA. Then we need to get China, India and Russia on board...
- Tomminn 8y agoThe key word is "then". That is the right word. Arguing that the US can't move first is like arguing that we can't have a proper democracy and proper human rights in the US until China, India and Russia all agree they will do the same.