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If energy just cost what it actually cost (no fossil fuel subsidies) the rest would follow. The market distortion from gas subsidies has caused this mess, we di
by rozap 3y ago
If energy just cost what it actually cost (no fossil fuel subsidies) the rest would follow. The market distortion from gas subsidies has caused this mess, we didn't get to everyone driving a 5000 pound vehicle due to the free market. We got here because of backwards laws and automaker's exploitation of said laws.
Fuel or electricity should cost what it costs. Vehicles need to be taxed according to their externalities. Heavier vehicles have more externalities. Road maintenance, pollution, traffic injuries and fatalities to name a few. I think if we did these things we'd trend back towards reasonable vehicles over time, and that would be a big net win.
- nonethewiser 3y agoWhat fossil fuel subsidies are you referring to?
- ceejayoz 3y agohttps://www.reuters.com/business/environment/global-fossil-fuel-subsidies-rise-despite-calls-phase-out-2023-11-23/ https://www.reuters.com/business/environment/global-fossil-f... > U.S. fossil fuel subsidies stretch across the U.S. tax code, which makes detailing their costs complex. The IMF estimates they stood at $760 billion in 2022, a figure topped only by China.
- nonethewiser 3y agoI wouldn't consider the government not taking their money a subsidy. A subsidy would be the government giving them money. There are drilling specific tax breaks but it's similar to other industry specific R&D tax breaks like agriculture and tech.
- ceejayoz 3y ago"It's like these other highly subsidized industries" doesn't make it not a subsidy. "We will tax you less than other people" is absolutely a form of subsidy.
- nonethewiser 3y agoI feel like we’re really stretching the term. People don’t normally say the government is subsidizing their income because the standard deduction exists. Phrasing it this way also just begets that tax deductions are subsidies: “It's like these other highly subsidized industries.” Its rephrasing your conclusion rather than making some new point.
- throwway120385 3y agoA good thing to campaign for is revision of the EPA rules that exempt light trucks from certain mileage rules, or the ones that increase the allowable fuel consumption based on the wheelbase of the vehicle. This is one of the major drivers increasing the size of vehicles in the US, as I understand it.
- rozap 3y agoYes, it's very backwards.
- FredPret 3y agoI agree - I’m not sure if there’s a simple and robust way to set up a carbon tax, but in theory it would naturally push CO2 down over time.