My thinking about carbon taxes is they will just result in political blowback and a lot of the push comes from entities with an interest in the status quo.. Bi

My thinking about carbon taxes is they will just result in political blowback and a lot of the push comes from entities with an interest in the status quo.. Bill gates is right, trying to impoverish people in the developed world would both result in blowback and be a disaster if implemented. I think there is an 80/20 rule with consumption in developed countries. 20% consume 80% of the resources. Getting the 20% to reduce consumption is a won't fix politically. Yet degrowth people think somehow the 80% can reduce their consumption and not go under. Look at the amount of reduction in consumption that triggers a recession, it's 10X less than the shock degrowth people are demanding. The complicating factor is the upper classes are completely resistant to any sort collective action that benefits lower class people. And they are hellbent to make sure no one ever gets to see a successful example.