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> yo drive down co2. fact is: we are not gonna reach the targets in a reasonable timeframe. The solution to climate change is very cheap and simple. It is a ca
by random314 4y ago
> yo drive down co2. fact is: we are not gonna reach the targets in a reasonable timeframe.
The solution to climate change is very cheap and simple. It is a carbon tax. It is also not difficult to implement at all and will cause only modest inflation.
However, the oil industry is a huge influence on governments all over the world and will throw everything at preventing this from happening.
Imagine for a moment that all of the carbon taxes were directed to subsidize EV and solar. All if us would be driving cheap EVs and getting 90% of our electricity from solar sources.
- 88840-8855 4y agoWondering what your approach is to convince Nigerians and Indians on including a carbon tax and making their struggle into the middle class even more expensive :)
- random314 4y agoOoh gotcha! I am stumped. Indians already pay some of the highest fuel sales tax. And United states has some of the cheapest gasoline rates. https://www.indiatoday.in/amp/diu/story/nearly-two-third-of-the-price-you-pay-for-petrol-goes-to-centre-and-states-1771944-2021-02-22 https://www.indiatoday.in/amp/diu/story/nearly-two-third-of-... If you are concerned about equity, then high carbon footprint countries can transfer the carbon tax revenue to low carbon footprint countries.
- TheLoafOfBread 4y agoCarbon tax, the ultimate inflation booster.
- random314 4y agoAs if global crop failure will not be a recipe for inflation