3 ms·

Carbon tax can solve this issue.

• loceng 3y ago
  Only if it's equally applied globally, at the same time. Otherwise currently, for example, Canadians are suffering with the increasing CO2 tax - while the East is skyrocketing their CO2 emissions - where arguably the majority of Canadian products bought come from; making Canadian produced goods more expensive due to the CO2 tax, making Chinese goods cheaper to produce - and therefore not only ceding power to China but also destroying more ethical production-manufacturing of goods here in Canada.
  • genman 3y ago
    I think my comment was perhaps not clear about what should be taxed - if any form of local tax is applied (a direct tax or other administrative measures that make carbon extensive production more expensive) then imports should be comparably taxed. If economically significant markets implement this then it can have a real global effect. Implementing a local tax only makes the local markets only less competitive and will favor imports from countries that do not implement proper measures.