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That's often used to justify tariffs, but the argument does not stand up to scrutiny. I've never heard of a tariff that is based on embodied carbon, percentage
by hedora 3y ago
That's often used to justify tariffs, but the argument does not stand up to scrutiny. I've never heard of a tariff that is based on embodied carbon, percentage of slave labor that went into production of the good, or so on.
Such tariffs would address the issues you are talking about (and also eliminate a significant percentage of global political corruption), but I think they're actually in violation of international law.
- MagnumOpus 3y agoThe EU’s new CBAM is a tariff that is based on embodied carbon. All other tariffs aren’t - they are protectionist measures aimed at increasing domestic employment.
- Hermitian909 3y ago> I've never heard of a tariff that is based on embodied carbon, percentage of slave labor that went into production of the good, or so on. The inherent assumption here is that a trusted body can be established for a reasonable price that will accurately report these numbers so that the tariff can be enforced. This is a bad assumption both because of practical difficulties in many countries (try this in the DRC) and because one must often assume that the trading government is willing to subvert these tariffs. In practice, the only practical solution is usually a flat tariff paired with diplomacy stating that the condition to revisit the tariff is building trust that these standards will be enforced on both sides.
- brutusborn 3y agoThere must be a mechanism to do so for the EUs carbon based tariff. For countries like the DNC, you could just assume they are not in compliance and apply the full tariff.