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Please share said tax systems. Everything I’ve seen is an upstream tax on each ton of emissions. Its not about funding things, its about disincentivizing emissi
by meowkit 6y ago
Please share said tax systems. Everything I’ve seen is an upstream tax on each ton of emissions. Its not about funding things, its about disincentivizing emissions by forcing the cost of externalities onto the production itself.
- syshum 6y agoWell those systems that do not have alternative funding goals also end up being very regressive, if my Power or Nat. Gas bill increased by 30% well I will complain online, and be frustrated every-time I have to pay it, but I will not have to choose between paying the utility or buying food. Nor will it modify my consumption of it, it just means more expenses. I use the amount of energy I need today, no more, no less. Charging me more for it will not change my consumption. That can not be said for others. Carbon Tax's on power generation and home heating have the nasty impact of being very regressive impacting the poorest among us disproportionately We need to improve Alt. Energy to make it cost competitive with Fossil Fuels, and not by artificially raising the prices on Fossil fuels which harms the poor. Carbon Tax systems also end up not actually reducing carbon, but instead allow "trading" of carbon heavily producers with monopoly lock in can simply gouge their customers with higher prices to pay for "offsets", it is akin to wealth redistribution but rather with carbon
- EcoMonkey 6y agoCarbon dividends offset the regressive nature of a carbon tax. In fact, even if you exclude the benefits of cleaner air and just look at how the carbon dividend offsets the carbon fee, folks at the lowest incomes tend to come out way ahead, at least under the Energy Innovation and Carbon Dividend Act: https://citizensclimatelobby.org/wp-content/uploads/2018/06/HIS2-Working-Paper-v1.1.pdf https://citizensclimatelobby.org/wp-content/uploads/2018/06/... > Carbon Tax systems also end up not actually reducing carbon, but instead allow "trading" of carbon heavily producers with monopoly lock in can simply gouge their customers with higher prices to pay for "offsets", it is akin to wealth redistribution but rather with carbon You're confusing carbon taxes with cap and trade and carbon credits. There are no pollution permits to trade under a typical carbon tax regime. Please check your facts before sharing inaccurate information.