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Supply chains aren’t opaque. Every politician knows that energy costs effect everything substantially. Doesn’t take Nostradamus to know jacking up energy prices
by ryan93 5y ago
Supply chains aren’t opaque. Every politician knows that energy costs effect everything substantially. Doesn’t take Nostradamus to know jacking up energy prices pissed people off. Flights go up, food prices go up. Gasoline shoots up.
- throwaway894345 5y ago> Supply chains aren’t opaque. So what's the carbon footprint of an XBox Series X? What about a 20 oz bottle of Trader Joe's brand extra virgin olive oil? If this information isn't readily available to consumers, it's "opaque" for all intents and purposes. > Every politician knows that energy costs effect everything substantially. You give politicians far too much credit. > Doesn’t take Nostradamus to know jacking up energy prices pissed people off. So cut a check to everyone making less than, say, $400K (or subsidize things if that's your kink). Perfectly feasible with carbon pricing. Moreover, after a while corporations will find greener ways to reduce costs. If you're a conservative or libertarian, welcome to the free market.
- ryan93 5y agoWrong every politician knows massive carbon taxes will be ultimately borne by consumers. What do you think oil gas profit margins are such that they can offset taxes for anyone making less than 400,000. Lol thats like 98% of the country
- throwaway894345 5y agoHow can you argue this with a straight face? There are already many carbon pricing proposals which factor in a means-tested distribution of dividends, so clearly some politicians understand that it’s workable. > What do you think oil gas profit margins are such that they can offset taxes for anyone making less than 400,000. Lol thats like 98% of the country This is a remarkable misunderstanding of carbon pricing. It’s not limited to domestic oil and gas production, nor are the dividends intended to reimburse 100% of anyone’s tax obligation. The dividends only offset the burden imposed by the tax. Further still, a border adjustment will bring a lot of production back to the US because polluting countries like China will no longer be able to compete as effectively. More importantly, if we don’t pass a climate tax, we’ll have a lot bigger problem than a burden on the consumer.