this post was submitted on 17 Aug 2024
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It's actually such a great policy. There is no more economically efficient way to reduce CO2 emissions. We can argue how high the carbon tax should be, but we should not be arguing about whether we should have it.
Even right wing economists agree that carbon tax is the best way to do it. The only case against it is a climate change denial case. It uses the laws of economics to attack the problem of climate change at the source. The issue is whether the tax rate is right and whether we allow corpos to buy "offset credits" that are actually worthless.