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> And carbon taxes simply won't work for many reasons That’s a bold statement to leave unsourced.
by Semaphor 5y ago
> And carbon taxes simply won't work for many reasons
That’s a bold statement to leave unsourced.
- pharmakom 5y agoIt’s true that oil companies favour carbon taxes because they know they won’t ever get passed but by supporting them they can appear to care. https://www.npr.org/2021/07/01/1012138741/exxon-lobbyist-caught-on-video-talks-about-undermining-bidens-climate-push?t=1633503036921 https://www.npr.org/2021/07/01/1012138741/exxon-lobbyist-cau...
- Semaphor 5y agoThat’s not the statement I want a source for, it’s actually a source against what I quoted ;)
- tsimionescu 5y agoWell, even without a spurce, they did give one very compelling piece of evidence: oil companies support this idea. Given everything we know about them, this is already strong evidence that it will be ineffective at curtailing the oil trade, which means it will be ineffective at affecting CO2.
- ZeroGravitas 5y agoA recent video leak shows an oil company lobbiest saying thay they publicly support a carbon tax, because they know it won't pass because they privately tell politicians to not pass it.
- SCUSKU 5y agoDo you have a link to this video? Would be interested in seeing it.
- ZeroGravitas 5y agohttps://youtu.be/5v1Yg6XejyE https://youtu.be/5v1Yg6XejyE
- mempko 5y agoI can list the reasons. 1. Oil companies support carbon taxes because they know they are politically dead in the water. 2. Yellow vest movement shows that if you punish the vast population for problems elite created, you will get mass protests. 3. The tax will be miss priced because it will be set by policy. Likely won't be high enough to stop global warming. While a carbon ration doesn't have these problems since we know what the carbon budget is. Once it's spent it's spent and provides the right incentive. Instead of punishing regular people with a tax, it rewards people who use less carbon by giving them an asset. Since the vast majority of people use very little carbon if you divide up the the carbon budget evenly, you suddenly have a method to lower inequality and provide the right incentives for industry to move to a zero carbon world because when the rations are expired, they won't be able to have a business. Carbon taxes simply have too many flaws and bad incentives and don't address the underlying problem, that we have a limited resource (carbon budget).