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That's only one dimension - Another major dimension is country. The same tax applied globally will have very different effects in a third world country to a fi
by Closi 3y ago
That's only one dimension - Another major dimension is country.
The same tax applied globally will have very different effects in a third world country to a first world country. Farmers in the USA will react very differently to a 5p per litre tax to farmers in Burundi.
- realusername 3y agoAs long as taxes are applied in the developed world and the big polluters, the rest (like Burundi) are rounding errors at best.
- Closi 3y agoWell China still sees itself as a developing country, and would make up about 30% of CO2, so it all depends on definitions and international agreement.
- realusername 3y agoI'd argue that China is pretty bad at this, it's a developed country indeed but has the same CO2 per capita as France when excluding the exports, that's a very bad result and that's why it should be included since it's a big polluter. Usually developed countries are emitting less, the cause of that abnormally bad result is the high number of coal plants in China.
- TaylorAlexander 3y agoGroups like the IMF recommend different pricing floors for low income, middle income, and high income countries: https://www.imf.org/en/Blogs/Articles/2022/05/19/blog-why-countries-must-cooperate-on-carbon-prices#:~:text=The%20ICPF%20proposal%20sets%20price,%2475%20for%20high%2Dincome%20countries https://www.imf.org/en/Blogs/Articles/2022/05/19/blog-why-co....