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The problem with carbon taxes is that they kill too many sacred cows. Why do you think so many dollars are poured into obfuscation and delay? Exxon is not inter

The problem with carbon taxes is that they kill too many sacred cows. Why do you think so many dollars are poured into obfuscation and delay? Exxon is not interested in suddenly having negative margins for the next century, nor are the construction or chemical industries. I think it has to be something in the spirit of a constitutional amendment, at least for the US. A balanced carbon budget amendment. And that's a bar that we're a long way from reaching.

bryanlarsen 8y ago
That's what I like about graeme's proposal. Either implement the carbon tax (or its equivalent) and keep the money for yourself, or it will be externally imposed on you at the border via tariffs, where other countries get the revenue. Either way the sacred cows get killed, we're just fighting over who gets the meat.