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Border adjustments are a well understood policy solution to this issue. Imports from polluting countries are taxed appropriately, and exports to those countries
by nickparker 8y ago
Border adjustments are a well understood policy solution to this issue. Imports from polluting countries are taxed appropriately, and exports to those countries subsidized. From the perspective of anyone inside the nation with the border adjustment, it’s as though the whole world implemented the carbon tax.
- fjsolwmv 8y agoThat only works if taxing countries ahave a way to estimate should-be-taxable events in other countries. How do you know of Chieng-Shen's widgets are from polluting factories but Hong Wan's aren't?
- nickparker 8y agoCarbon taxes generally don’t need to be huge to achieve their goals, so anyone without proof they’re clean can be taxed as though they’re filthy.