this post was submitted on 20 Mar 2024
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Yes there's been a much better idea for a long time now that lots of smart people are pushing for. Don't tax the co2 emitted when it's burned. Tax is when it comes out of the ground. Put the price there and let it trickle down the supply lines.
Problem is, if we put a tax that represents the damage to our planet caused by CO2 on the carbon that comes out of the ground, all coal mining and oil extraction would cease nearly overnight, since it would no longer be profitable. Which says a lot.
About time that trickle started trickle upwards