4 ms·

It’s not impossible if you can earn credits that can be sold. This is why the majority of the world needs to agree on a carbon tax system, yesterday.

lozenge 3y ago
What happens when people feel it's too expensive or disruptive and vote in somebody who undoes it?
- owisd 3y ago
  Other countries are implementing carbon taxes on their imports from countries that don’t tax carbon so companies will end up paying it indirectly on import taxes if their own government doesn’t levy it.
  - lozenge 3y ago
    Oh the anti tax country won't pull out of the treaty, they'll just undermine it with dubious accounting, waivers, etc.
    - owisd 3y ago
      why bother trying to achieve anything if someone might try to cheat.
aziaziazi 3y ago
> not impossible > the majority of the world needs to agree Mmmhhh, not sure if betting on a world economic agreement to protect our climate and biodiversity is a good idea.
- Swenrekcah 3y ago
  Are you expecting the world to overthrow capitalism instead?
  - aziaziazi 3y ago
    I dream about that but don’t expect it in any foreseeable future. Neither do I believe in a worldwide coordinated economic action when the goal is not money itself but common good.
  - master-lincoln 3y ago
    That would be more reasonable. Carbon offsets turned out to be not reliable because companies are gaming the system and an international way of making sure this does not happen seems unrealistic. But I personally expect things to just get worse and worse in the next few decades. Capitalism will not slow down and climate change effects will increase, driving migration into rich countries, causing societal uproar and reduced quality of life for everybody.
  - rcMgD2BwE72F 3y ago
    No need to overthrow it if capitalism collapses on itself. Green growth is a mirage if not a lie (see https://www.bloomberg.com/graphics/2021-what-is-esg-investing-msci-ratings-focus-on-corporate-bottom-line https://www.bloomberg.com/graphics/2021-what-is-esg-investin... for a primer)

lozenge 3y ago

What happens when people feel it's too expensive or disruptive and vote in somebody who undoes it?

owisd 3y ago
Other countries are implementing carbon taxes on their imports from countries that don’t tax carbon so companies will end up paying it indirectly on import taxes if their own government doesn’t levy it.
- lozenge 3y ago
  Oh the anti tax country won't pull out of the treaty, they'll just undermine it with dubious accounting, waivers, etc.
  - owisd 3y ago
    why bother trying to achieve anything if someone might try to cheat.

aziaziazi 3y ago

> not impossible > the majority of the world needs to agree Mmmhhh, not sure if betting on a world economic agreement to protect our climate and biodiversity is a good idea.

Swenrekcah 3y ago
Are you expecting the world to overthrow capitalism instead?
- aziaziazi 3y ago
  I dream about that but don’t expect it in any foreseeable future. Neither do I believe in a worldwide coordinated economic action when the goal is not money itself but common good.
- master-lincoln 3y ago
  That would be more reasonable. Carbon offsets turned out to be not reliable because companies are gaming the system and an international way of making sure this does not happen seems unrealistic. But I personally expect things to just get worse and worse in the next few decades. Capitalism will not slow down and climate change effects will increase, driving migration into rich countries, causing societal uproar and reduced quality of life for everybody.
- rcMgD2BwE72F 3y ago
  No need to overthrow it if capitalism collapses on itself. Green growth is a mirage if not a lie (see https://www.bloomberg.com/graphics/2021-what-is-esg-investing-msci-ratings-focus-on-corporate-bottom-line https://www.bloomberg.com/graphics/2021-what-is-esg-investin... for a primer)