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Poor countries have no incentive to pay carbon fees. Then have rich countries pay their carbon fees? So then tax payers of developed nations take the hit and ha
by fwungy 3y ago
Poor countries have no incentive to pay carbon fees. Then have rich countries pay their carbon fees? So then tax payers of developed nations take the hit and have their own economic output lowered while countries ignoring carbon fees move ahead. It's a death spiral.
Have a look at Steven Koonin's "Unsettled". He was an Obama DOE appointee and Provost of Caltech (he's a physicist). He makes convincing arguments that the climate change models are highly unreliable. It's not Fox News garbage, he's legit.
The US and EU are making very large policy moves based on models that are not necessarily accurate.
- api 3y agoBut if the models are inaccurate, what if they are inaccurate in the optimistic direction? That’s how error bars work and why they are indicated as +/-
- fwungy 3y agoBecause the evidence doesn't point that way, and it's very expensive to make such an assumption, especially when much of the rest of the world doesn't follow.
- api 3y agoI dunno... it's expensive in the short term but you end up with an energy infrastructure that makes you energy independent and where costs will only go down over time since solar/wind/batteries are all on a Moore's law like cost trajectory. Fossil fuels meanwhile will on average only get more expensive over time because they are being depleted, and this isn't considering other externalities besides CO2 emissions. There are reasons besides climate change to get off fossil fuel.