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What about introducing a variable environmental toll at the border? It could be based on the environmental rules of the exporting country and the expected emiss
by oliwary 4y ago
What about introducing a variable environmental toll at the border? It could be based on the environmental rules of the exporting country and the expected emissions of the production and transport of the good.
Ideally, this would have the following effects:
* Make local manufacturing more competitive - introducing only local regulations gives companies a big incentive to produce in less stringently regulated areas. Correcting this could bring back manufacturing and be politically popular.
* Give companies an incentive to develop sustainable processes.
* Give companies an incentive to lobby other governments to introduce more stringent rules.
* Align cost of goods with actual externalities, motivating people to buy more sustainable products.
* The toll revenue could be used to improve carbon saving initiatives, such as public transport and sequestration.
- landemva 4y agoPutting America on economic parity with manufacturing polluters like China and Mexico is reasonable. The environmental tariffs would be helpful to stop companies from green-washing by manufacturing the iGadgets in polluting countries.