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That closes the loop, for sure. But doesn't a carbon tax address your exact complaint, in that externalities should be internalised? It takes the externality (C
by 29083011397778 5y ago
That closes the loop, for sure. But doesn't a carbon tax address your exact complaint, in that externalities should be internalised? It takes the externality (CO2 is bad because global warming) and makes it a cost for the person performing the activity (CO2 is bad because gas is expensive, and useage is therefore to be limited).
- zardo 5y agoThe cost of the pollution is it's effect on the environment and everyone living in it. Just collecting taxes does not address that. The tax would have to actually undue the pollution to eliminate the externality.