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Yep, Trump enacted a de facto global carbon tax.
by ericd 4mo ago
Yep, Trump enacted a de facto global carbon tax.
- dgellow 4mo agoThe carbon tax is supposed to finance things, what Trump has done is more like forcing the crisis. More like an acceleration
- raphaelj 4mo agoWell most of the increase in prices goes into petroleum companies' profits (at least the ones that can export). So it's technically not lost and will be invested somehow. Like a Carbon tax, the money doesn't disappear. But to whom it gets distributed, that's another story...
- ericd 4mo agoYeah, definitely would’ve preferred a revenue neutral carbon tax and dividend, but that wasn’t happening anytime soon.
- inigyou 4mo agoFirst taxing carbon with a blockade, now taxing animal meat with screwworm. I wonder what bad thing he'll accidentally destroy next, maybe the military industrial complex?
- ericd 4mo agoGreat points. Military industrial complex, he's shown how the US military doctrine we're extremely heavily invested in doesn't work too well in this new world of cheap drones, so maybe. Maybe Raytheon et al will lose their expensive military contracts and we'll build out much cheaper weapons. Maybe the guy is actually just brilliant at making unpalatable things happen.
- ivell 4mo agoEveryone wanted disruption and we get disrupted, but not in the way anyone expected.