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Government might not be the solution here. I look at electric cars and soon they will require less maintenance, less money for fuel and be cheaper than their IC
by tppiotrowski 5y ago
Government might not be the solution here. I look at electric cars and soon they will require less maintenance, less money for fuel and be cheaper than their ICE counterparts. If you build something that emits less CO2 and it is BETTER and CHEAPER than the competition it's game over. No one but hobbyists will look at ICE again.
This to me aligns with economic theory in practice more accurately than a carbon tax.
- tfehring 5y agoInternalizing negative externalities through taxation is literally Economics 101. That's not to say that that makes a carbon tax inherently a good idea (though I think it is), but there's nothing economically unsound about it and there's a reason lots of economists support it.
- tppiotrowski 5y agoTaxes are taught in economics 101, but tax evasion is not: drive across state lines, shop online, under report activity, buy on the black market, etc. You need a strong enforcement mechanism in place that's often hand waived away. When I studied economics (2006) the theory was brilliant but always fell short of delivering in practice. People won't evade buying cars that produce less CO2 if they're cheaper and better than the competition. This is why I think it's more likely to align with economic theory.
- ceejayoz 5y ago> Government might not be the solution here. I look at electric cars... Governments took quite a few measures in the last few decades to subsidize and encourage the electric car market.