Re:How can we, as web professionals, help to make the web mo...
by tonyedgecombe on Friday September 18, 2020 @03:23AM
(#24513906)
We do know that when the price of oil goes up people buy smaller and more economical cars and when it goes down they do the opposite.
If the market re-routed around that by building electric cars for instance then isn't that exactly what we want?
The nice thing about fossil fuels is it's fairly easy to identify and tax extraction. The problem is those industries will fight tooth and nail against any attempt to tax them.
On the other hand I do wonder what happens if carbon taxes become a substantial proportion of government revenues. Then there could be a tension between raising revenue and reducing consumption.
If the market re-routed around that by building electric cars for instance then isn't that exactly what we want?
The nice thing about fossil fuels is it's fairly easy to identify and tax extraction. The problem is those industries will fight tooth and nail against any attempt to tax them.
On the other hand I do wonder what happens if carbon taxes become a substantial proportion of government revenues. Then there could be a tension between raising revenue and reducing consumption.