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> The best solution would be to bring future costs into the present and charge for co2 emissions. That way the truly valuable uses could still happen and the mo
by EcoMonkey 6y ago
> The best solution would be to bring future costs into the present and charge for co2 emissions. That way the truly valuable uses could still happen and the more optional uses of co2 would be discouraged.
Yep. A price on carbon is actually the most powerful lever we have to bring down emissions. Very nice visualization when you move the carbon price slider here: https://en-roads.climateinteractive.org/scenario.html?v=2.7.35 https://en-roads.climateinteractive.org/scenario.html?v=2.7....
And you can make it both equitable and politically viable if you use the money from the carbon fee to provide direct payments to households, then combine with a border adjustment to maintain trade competitiveness. https://econstatement.org/ https://econstatement.org/
Ultimately we just need something in place that corrects this obvious market failure with as few side effects as possible, and carbon fee and dividend does that. https://en.wikipedia.org/wiki/Carbon_fee_and_dividend https://en.wikipedia.org/wiki/Carbon_fee_and_dividend
- cortesoft 6y agoYep, carbon taxes that are split evenly amongst everyone is ideal. If you use less carbon than the average person, you will make money. It acts as both an incentive to use less carbon and an easy way to even out the wealth gap.