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Everything in the modern world has the oil/energy needed to create it baked into the price. Implementing a carbon tax that increases that cost along every step
by transcriptase 3y ago
Everything in the modern world has the oil/energy needed to create it baked into the price.
Implementing a carbon tax that increases that cost along every step of a supply chain increases the price of everything, not just gasoline.
See: Price of groceries (and all other CPG) in Canada. People will blame the retailers and lazy headlines about record profits, but if you look at their actual margins, the value of CAD, and the fact that the government is increasing the population faster than anything else can catch up… it’s not surprising that they’re posting record numbers. People need to eat. The oligopoly issue definitely plays a part but that’s another can of worms.
- ClumsyPilot 3y ago> Everything in the modern world has the oil/energy needed to create it baked into the price. Ye, and CEO consumes more of everything, so anyone lower income will receive more from re-distrubtion than they wil pay in tax.
- twoodfin 3y agoYes, and thus it’s highly motivating for every link of the supply chain to figure out how to exploit low- or no-carbon energy sources.
- transcriptase 3y agoWhich might work in other countries with a different climate, geography, and population density but until electric tractor trailers or teleportation become a reality it’s just increasing the cost of living for everyone who already can’t afford to “invest in green solutions”. Unfortunately our current government doesn’t realize that they’re not comparable to California.
- twoodfin 3y agoCarbon emissions produce externalized costs or they don’t. If they do, it’s the proper role of government to internalize them while ameliorating any inequitable transition costs. Everything else is green theater.
- ikekkdcjkfke 3y agoThat's the point, to get the market to react. At first the carbon tax is low, but increases steadily so market will have time to react. Just announcing it will get things going
- deleted 3y ago[deleted]