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The US and the EU are some of the biggest consumer markets. If they for example implement a carbon price and levy import tariffs for imports from countries who
by adrianN 6y ago
The US and the EU are some of the biggest consumer markets. If they for example implement a carbon price and levy import tariffs for imports from countries who don't this will have a big effect.
- Dah00n 6y agoThat would be more us versus them. China isn't worse than we (Europe and US) when we were "growing up". The fair choice would be giving benefits to wares made with green energy, not taxing wares. China didn't get the planets pollution where it is now. We did.
- adrianN 6y agoDuring the industrial revolution in the west there were no alternatives. The story is different today. I don't see a difference between taxing CO2 and giving benefits to CO2 free products.
- Dah00n 6y agoYes but the alternatives are much easier for a country to afford, understand and build when at a lower tech level (like China compared to the US when old powerplants were build in China for example). The difference is that taxing something means less people are likely to buy it and when they do we make money, while giving a tax break make the product more competitive while costing us the income we might have had. One is a carrot, the other is a stick. It might not matter on income in the end but it will help push for greener products while taking the high road.
- adrianN 6y agoGiving a tax break needs to by financed by raising some other tax or printing more money, which causes inflation. There is no free lunch.
- Dah00n 6y agoYou could prevent a lot more pollution with the same amount of money if the money goes to low hanging fruits in countries with older power infrastructure than trying to tweak something brand new. You don't need to use extra money, just use it smarter. There're lots of ways to finance this smarter if trade wars and nationalism wasn't the top priorities.