4 ms·
tl;dr Wage subsidy in the form of credit extended to established companies. No benefit to you, HNers. Remember green jobs? They aren't happening. So here's an
by T_S_ 15y ago
tl;dr Wage subsidy in the form of credit extended to established companies. No benefit to you, HNers.
Remember green jobs? They aren't happening. So here's an alternative. Cut sales and income tax. Impose heavy carbon tax (enough to get gas to $10 gallon in 7 years). Impose carbon-linked tariff on imports. No subsidies to energy research, only to verifiable carbon sequestration. The realignment needed to adjust to that will be very US-labor intensive. And people will feel great about meeting the challenge of fixing the world's biggest externality. Some of us will anyway.