Re:A federal carbon tax is imminent in the USA, and Exxon is...
by OrwellianChild on Tuesday August 30, 2016 @02:42PM
(#12392729)
People in rural communities typically earn less and consume more petroleum based products.
The argument goes, this is exactly why a carbon tax is needed. The externalities of using fossil fuels aren't captured in the price, leading to overconsumption. There are plenty of ways to mitigate impact, either by applying a graduated subsidy to low-income populations, etc. Allowing folks to continue to live in a financially unsustainable way doesn't seem to be the answer...
The argument goes, this is exactly why a carbon tax is needed. The externalities of using fossil fuels aren't captured in the price, leading to overconsumption. There are plenty of ways to mitigate impact, either by applying a graduated subsidy to low-income populations, etc. Allowing folks to continue to live in a financially unsustainable way doesn't seem to be the answer...