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In some more perfect world, these oil producers would embrace a carbon tax. Ultimately a carbon tax must make its way to fall onto the people that get the foss
by beachy 3y ago
In some more perfect world, these oil producers would embrace a carbon tax.
Ultimately a carbon tax must make its way to fall onto the people that get the fossil fuels out of the ground. Those extractors can then pass it on to their customers, so it is neutral to them, except for the reduction in demand. However paying that tax frees them from the status of being the evil cabal that is destroying the planet.
A carbon tax also fits well into the capitalist, "don't tell me what to do" self-indulgent society we live in. Want to drive your giant diesel-chugging boat out to try and catch a fish? Sure, go ahead, just pay the tax when you fuel up. Then enjoy yourself, and tell your tree hugging buddies that you've done your bit for the environment, as the carbon tax has gone to offset your damage.
- glitchc 3y agoThe carbon tax doesn't seem to work for Canada. Why would it work elsewhere?
- thrawa8387336 3y agoYou should not miss Bloomberg's Matt Levine's column on the biggest carbon offset project in Africa. Absolute failure
- makeworld 3y agoSource on it not working in Canada?
- wintogreen74 3y agopolitical: the Libs just pulled it off home heating oil for 3 years in Atlantic Canada, the most polluting fossil fuel we use in an area that happens to be at risk of switching to the opposition economic: This far in we haven't made any measurable progress against carbon goals, but the feds have captured billions in taxes. It's been spent on political programs to selectively buy voters. BC has the highest carbon tax in the country and emissions have increased 10% over the past 3 years, and 5 of the last 7.
- thrawa8387336 3y agoYou might want to look into Gnosticism, they had similar ideas about the state of the world.
- zlg_codes 3y agoThe problem here is money doesn't make air cleaner or restore a polluted river, etc.
- cjblomqvist 3y agoIt can. If you spend it on planting trees that capture CO2 for example.
- beachy 3y agoI must be missing the point, money is very useful for both those things.
- nradov 3y agoUnder what circumstance would Russia or Iran ever agree to a carbon tax for fossil fuel extraction? Most of the extraction is done by government owned firms, so who would they even pay the tax to? It would be like taking money out of one pocket and putting it into another.
- estebank 3y ago> A carbon tax also fits well into the capitalist, "don't tell me what to do" self-indulgent society we live in. Seeing how people bitch and moan about the price of gas every time it goes up (even when it was cheaper than it was a year prior), and how it has sparked multiple revolts around the world, like the yellow vests in France, I wouldnt hold my breath that people will happily accept taxing gas in accordance to its externalities, regardless of whether it is the right thing to do.
- InSteady 3y ago[flagged]