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Most voters recognize that carbon taxes are universally a bad deal. For the low-income people, they mean prices for energy and transportation go up for no dire
by qball 4y ago
Most voters recognize that carbon taxes are universally a bad deal.
For the low-income people, they mean prices for energy and transportation go up for no directly realizable benefit. Sure, we can say "you'll get a rebate at the end of the year", but that doesn't help when that extra 50 bucks out of pocket means a choice between air conditioning and getting to work on time.
For the middle-income people, they mean industry leaves for countries that don't have carbon taxes. They realize that free trade and (an intentional?) failure to levy carbon taxes on goods produced out of the country mean that all the law does is make domestic manufacturing companies less competitive, and what's worse, the countries that have no environmental production use inefficient processes to produce goods thus increasing emissions beyond what they would have been otherwise.
A tax on imported goods made with dirty industrial processes would solve both of those problems, but doing that would also impact the income brackets currently making money hand over fist in the current regulatory climate- so it won't be done.
The reasoning for "we need to collectively drop our standard of living" needs to be seen to impact everyone for it to have a chance of being accepted as valid and right now it really, really isn't.
- WalterBright 4y agoThe current high prices for gas are a result of Biden's climate strategy. It is objectively worse than simply taxing CO2.
- stjohnswarts 4y agoLOL Biden is responsible for oil being high across the entire planet? Sure. Ok.
- WalterBright 4y agohttps://www.wsj.com/articles/biden-energy-market-gas-oil-green-energy-fossil-fuels-production-high-prices-11655924583 https://www.wsj.com/articles/biden-energy-market-gas-oil-gre...
- stjohnswarts 4y agoWSJ has never been balanced as a newsource when it comes to those topics that hit the readers' bottom line. That article is blaming Biden on the increase in demand from exiting the pandemic and also blaming him on the EPA doing its job and following the law. It's pretty weak sauce. It's acting like OPEC hasn't restricted oil production to staying at pandemic level's or Putin's war of genocide against the Ukrainians or the Russians basically exiting the European market. Lol it's as full of holes as the Swiss cheese on the ham sandwich I just had for lunch.