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Agree 100%. Tax generation of CO2 at the energy level and all else should follow. Then allow companies to get a tax reduction if they offset their output in som

• polski-g 4y ago
  If you tax generate of CO2 and "all else follows", what "would follow" is that the party that instituted said tax would be voted out and it would be repealed.
• hedora 4y ago
  A dollar a gallon direct air capture carbon tax would make gasoline net carbon negative. Clearly, that would lead to mass hysteria and societal collapse. /s
  • shakezula 4y ago
    You got a source for this? I believe it’s probably roughly true but I haven’t read those figures and would absolutely love to see more.
    • hedora 4y ago
      Computed it myself. Direct air carbon startups are advertising $50-$200/ton at scale. A ton is 2000 pounds. A gallon of gasoline emits 20lbs of co2 when burnt (most of the weight is in the o2, so the emissions are heavier than the gasoline). Divide the per ton prices by 100 to convert to per gallon of gas, and you get $0.50-$2.00. The existence of the tax would ensure they all had enough revenue to scale; fund them all initially, then let economics pick the winner.