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Most of the world has a carbon price in some form now - https://en.wikipedia.org/wiki/Carbon_tax#Implementation https://en.wikipedia.org/wiki/Carbon_tax#Impleme

Most of the world has a carbon price in some form now - https://en.wikipedia.org/wiki/Carbon_tax#Implementation https://en.wikipedia.org/wiki/Carbon_tax#Implementation Given the soaring cost of carbon in the EU, I think it won't be long before the EU heavily tariff's anyone trading with it without a similar policy

DoingIsLearning 5y ago
[0](Also) Most of the world maintains billions worth of oil and gas subsidies for Energy and Oil/Gas companies. These incentives effectively subsidize the operational costs of carbon emitting operations, they very directly make it cheaper to pollute. [0] https://en.wikipedia.org/wiki/Energy_subsidy https://en.wikipedia.org/wiki/Energy_subsidy
- Leherenn 5y ago
  That doesn't seem to be most of the world according to your link, only the big energy-producing countries. There is a lack of differentiation between 0 and very low that makes is hard to be more definitive though.
- roenxi 5y ago
  Although technically subsidies, they are typically just tax advantages. Corporate taxes in general are a bit counter-productive - taxes on energy-producing corporations apparently cross over into embarrassingly damaging to the point where most countries can't stomach it. It would be better to extend those 'subsidies' to every business rather than attempt to make energy more expensive.
azalemeth 5y ago
> Given the soaring cost of carbon in the EU, I think it won't be long before the EU heavily tariff's anyone trading with it without a similar policy This. We should be doing this already. The reason so many goods are made in East Asia, and then shipped to the EU, is because it's cheaper. The reason that it is cheaper is because there are costs for manufacturing in the EU that are not there in China. Those reduced costs frequently come down to: -- Weaker protections for the environment (i.e. polluting is cheaper than not) -- Reduced cost of labour (i.e. workers are not paid the same for doing the same job, and may be downright exploited or coerced into working -- c.f. Foxconn's scandals) -- Economies of scale. I would argue that this is a consequence of the other two.

DoingIsLearning 5y ago

[0](Also) Most of the world maintains billions worth of oil and gas subsidies for Energy and Oil/Gas companies. These incentives effectively subsidize the operational costs of carbon emitting operations, they very directly make it cheaper to pollute. [0] https://en.wikipedia.org/wiki/Energy_subsidy https://en.wikipedia.org/wiki/Energy_subsidy

Leherenn 5y ago
That doesn't seem to be most of the world according to your link, only the big energy-producing countries. There is a lack of differentiation between 0 and very low that makes is hard to be more definitive though.
roenxi 5y ago
Although technically subsidies, they are typically just tax advantages. Corporate taxes in general are a bit counter-productive - taxes on energy-producing corporations apparently cross over into embarrassingly damaging to the point where most countries can't stomach it. It would be better to extend those 'subsidies' to every business rather than attempt to make energy more expensive.

azalemeth 5y ago

> Given the soaring cost of carbon in the EU, I think it won't be long before the EU heavily tariff's anyone trading with it without a similar policy This. We should be doing this already. The reason so many goods are made in East Asia, and then shipped to the EU, is because it's cheaper. The reason that it is cheaper is because there are costs for manufacturing in the EU that are not there in China. Those reduced costs frequently come down to: -- Weaker protections for the environment (i.e. polluting is cheaper than not) -- Reduced cost of labour (i.e. workers are not paid the same for doing the same job, and may be downright exploited or coerced into working -- c.f. Foxconn's scandals) -- Economies of scale. I would argue that this is a consequence of the other two.