Re:Universal Basic Income is Capitalism 2.0
by prostoalex on Wednesday July 29, 2020 @11:33PM
(#23994339)
Economists distinguish between three scopes of emissions https://www.economist.com/briefing/2020/06/20/how-much-can-f...
It gets complicated as direct taxation just encourages moving the dirtiest link in the supply chain offshore.
E.g. manufacture tire in the US and be subject to a high emissions tax, manufacture them abroad and then import them into US - and you're golden.
Re:Universal Basic Income is Capitalism 2.0
by bickeringyokel on Thursday July 30, 2020 @02:47AM
(#23995359)
Could you not solve that issue with tariffs?
Re:Universal Basic Income is Capitalism 2.0
by JumpCrisscross on Wednesday July 29, 2020 @11:03PM
(#23994113)
> You would somehow have to be able to assess the carbon emissions of every company
And then map that to every stock, bond, loan and asset.
Re:Universal Basic Income is Capitalism 2.0
by guerrilla on Wednesday July 29, 2020 @10:59PM
(#23994084)
Do they not already have to report emissions?
Re:Universal Basic Income is Capitalism 2.0
by bradlys on Wednesday July 29, 2020 @11:52PM
(#23994458)
I work for a fintech startup. I'd be very surprised if we had to report emissions. Yet, we are definitely a method for the rich to get richer through investments. And we currently benefit from a particular kind of carbon footprint - somewhat indirectly.
Re:Universal Basic Income is Capitalism 2.0
by guerrilla on Thursday July 30, 2020 @10:21AM
(#23998494)
No but they may have to declare that they have nothing to declare or those who do need certain kinds of operatimg licences that your company doesn't.
Obviously they know who's running refineries, paper mills and things like that.
It would probably just be easier to have a general carbon tax that gets paid back to people. Then separately you could have a UBI paid for by capital gains taxes or something along those lines.
But somebody else probably knows more about this.