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You smack import taxes on them that correspond to the carbon tax that should have been + 10%. Then they can either do the carbon tax or have their exports made
by geewee 5y ago
You smack import taxes on them that correspond to the carbon tax that should have been + 10%. Then they can either do the carbon tax or have their exports made much, much more expensive.
- Chris2048 5y agoIf you can smack a tax on their imports, why not already do it? This only works if you are a union/trading-block/superpower with the leverage to do so - and as the world gets globally competitive morally punishing taxes will require more and more "fighting the invisible hand" i.e working against the interests of free trade. To re-iterate the point that probably got my original post downvoted: It helps to have a large military-industrial complex to enforce embargos.