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Just tax pollution the amount it costs to clean up pollution, and then use that money to clean up pollution. Problem solved.
by mavhc 6y ago
Just tax pollution the amount it costs to clean up pollution, and then use that money to clean up pollution. Problem solved.
- arcticbull 6y agoWho exactly are you going to tax? The Chinese mining cartels in the PRC bribing officials to look the other way as they steal power? That's a bold proposal.
- corty 6y agoEasy, as with any other thing that is imported: import duties collected by the banks and exchanges. And if you convert it into currency or goods overseas, there is also going to be a duty on that (if there isn't already).
- arcticbull 6y agoWhere would you say a DEX is located - and to whom do they report?
- mavhc 6y agoWait, when you said Chinese mining cartel, did you mean bitcoin mining? Not actual mining? Bitcoin mining doesn't cause pollution, running a power plant does. If the power plant isn't publishing reasonable records as to pollution caused and tax recovered then you add it to the estimated total for the country and tax imports, that way the country fixes itself because they don't want to lose trade.
- munk-a 6y agoThis will hit normie folks if it's done fairly, but that's not unjust - we are all contributing to pollution and it's inaccurate to say "Those miners cause all the pollution" - it is, however, appropriate to describe their activities as generating significantly more pollution.
- SilverRed 6y ago>This will hit normie folks if it's done fairly In the short period Australia had a carbon tax, the profits were used to reduce the cost of other taxes so the average person came out even but you would be incentivized to constantly beat the rest by reducing your emissions so if you cause less damage than the average person, you pay less.
- arcticbull 6y agoCanada does the same thing. The carbon tax is revenue neutral.
- nanis 6y ago> Just tax pollution the amount it costs to clean up pollution Even if Pigovian taxes were implementable[1], that's how they work. Since there is an optimal amount of pollution, the taxes are supposed to be set where the marginal cost to society of an additional unit of pollution is equal to the marginal benefit to society of that extra unit of pollution. Note the hand-wavy terms "benefit", "cost", and "unit". The devil is in how those are measured. Since central planning authorities are horrible at figuring stuff like this out, one generally ends up in a situation worse than the one which one would like to fix. As for the "clean up" aspect, I heartily recommend that one read and understand Nicholas Georgescu-Roegen[2]. Here is an excerpt[3]. Specifically, "clean up" is not free. [1]: https://core.ac.uk/download/pdf/230475696.pdf https://core.ac.uk/download/pdf/230475696.pdf [2]: https://www.hup.harvard.edu/catalog.php?isbn=9780674281653 https://www.hup.harvard.edu/catalog.php?isbn=9780674281653 [3]: http://webpage.pace.edu/dnabirahni/rahnidocs/law802/The%20Entropy%20Law%20and%20the%20Economic%20Problem.pdf http://webpage.pace.edu/dnabirahni/rahnidocs/law802/The%20En...