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Why tax carbon emissions rather than directly taxing the manufacture of bitcoin? Because carbon emissions do the same amount damage whether it's the result of
by orangecat 6y ago
Why tax carbon emissions rather than directly taxing the manufacture of bitcoin?
Because carbon emissions do the same amount damage whether it's the result of bitcoin mining or running a hospital.
Carbon taxes increase costs for everything.
Everything that produces carbon, which is exactly the point.
Should we increase the cost of say, hospitals
To the extent that they are significant polluters, yes. Trying to micromanage "good" and "bad" emissions just encourages exploiting loopholes. (e.g. https://www.washingtonpost.com/blogs/ezra-klein/post/cafe-loophole-could-lead-to-bigger-cars/2011/12/14/gIQA3bGLuO_blog.html https://www.washingtonpost.com/blogs/ezra-klein/post/cafe-lo...)