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There are too many problems with this to count, but I'll point out a few. First, there is no such thing as a global taxation authority, so whatever carbon you
by oceanplexian 5y ago
There are too many problems with this to count, but I'll point out a few.
First, there is no such thing as a global taxation authority, so whatever carbon you tax in the USA or Europe will simply be emitted by China and other developing countries, consequently boosting dirty economies and kneecapping cleaner economies (Actually making Climate Change worse). The second is that it further enriches the pockets of corrupt politicians and government institutions. The third is that it's a regressive tax that disproportionately hurts the poor and working class who can't afford expensive electric cars or energy saving equipment.
- warning26 5y ago> whatever carbon you tax in the USA or Europe will simply be emitted by China and other developing countries, consequently boosting dirty economies and kneecapping cleaner economies This argument has been used against every environmental regulation since the 70s. It wasn't a good argument then and it still isn't. Yes, obviously it would be better if we could get every country to agree on reducing pollution. That doesn't mean it's pointless to reduce emissions even if it's localized to only certain countries.