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> People when carbon capture: This stinks of redirecting tax money. Hold accountable. > People when carbon tax: You made inflation high. Get out! This is quit
by klabb3 2y ago
> People when carbon capture: This stinks of redirecting tax money. Hold accountable.
> People when carbon tax: You made inflation high. Get out!
This is quite a funny observation. And true. The general psychological bias is when immediate known losses are standing against unknown future gains. Also Americans in particular are allergic to the term tax.
A carbon tax would be the most hands-off way to solve the problem. Ideally phased in slowly and with a clear price structure from the get-go. All you need is:
- industry needs to know how much they will be taxed in X years, so the bean counters can put it in their projections so execs listen
- the tax needs to be tight enough so you can’t escape through tax “planning” aka move operations to unregulated countries
The rest takes care of itself. Once there’s a tangible measurable cost things will change quickly from green leaf-decorated “we care”-pamphlets to fire in the ass of the decision makers.