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I might agree but keep in mind that all consumer goods and even food will become way more unaffordable. Our economy is based on emissions because it’s cheap and kinda convenient for everyone, not because we’re that hellbent on destroying the earth.
Agreed! That convenience is called a negative externally. It is a cost that accumulates to everyone that is not captured in the manufacturing process. Implementing a carbon tax (which can start small, and increment predictably over a period of years) would re-align purchasing decisions to true costs.
All change is hard, but it is the best solution because it appropriately distributes costs with minimal complexity and no loopholes. And it sure beats doing nothing IMHO.
I might agree but keep in mind that all consumer goods and even food will become way more unaffordable. Our economy is based on emissions because it’s cheap and kinda convenient for everyone, not because we’re that hellbent on destroying the earth.
Agreed! That convenience is called a negative externally. It is a cost that accumulates to everyone that is not captured in the manufacturing process. Implementing a carbon tax (which can start small, and increment predictably over a period of years) would re-align purchasing decisions to true costs.
All change is hard, but it is the best solution because it appropriately distributes costs with minimal complexity and no loopholes. And it sure beats doing nothing IMHO.