I don't see a difference between taxing CO2 and giving benefits to CO2 free products.
The difference is that taxing something means less people are likely to buy it and when they do we make money, while giving a tax break make the product more competitive while costing us the income we might have had. One is a carrot, the other is a stick. It might not matter on income in the end but it will help push for greener products while taking the high road.
* https://www.youtube.com/watch?v=ipVxxxqwBQw
There are multiple view points. The country with the largest current annual total emissions is China with 27-30% and the US with 15% (see 2m10s).
The country that produced the most CO2 in total historically which got us to this point of climate change (see 3m30s), were US first at 25% of historical emissions, and the EU in second at 22%, and China in third with 13% of historical emissions. India, all of Africa, and all of South America each had 3% of historical emissions.
Then there's per capita emissions (see 5m10s of the video).
So which of these three metrics should be used? Or should it be some other metric or a combination?
Also probably worth noting that China seems to have peaked in coal plants. They've built too many already, but hopefully it should be going down now.
- Manufacturing in the states/EU where pollutant levels can be regulated is a good idea.
- Reducing consumerism as a culture would be useful.
Both of these go against trends (many in technology). Less consumerism means less stuff which is something wall street and SV are both pushing for. Moving to a service economy has been classified as a higher level than one with manufacturing. In the gamification metrics it would be to go backward.
Of course, that involves not having spent three decades inculcating paranoid conspiracy theories in the American public. Instead, we can move on to stage 5 climate denialism, "Well, it's too late to do anything about it now".
Maybe US could use it.
They could lead by example like EU tries.
Instead US decided leaving Paris agreement that was not even a binding agreement was the best idea.
China are not going to pay for fixing our pollution going back a hundred years. We are or China will just turn a deaf ear on our talk.
China is increasing their pollution. The issue is around leadership. How can the US lead China to lower pollution levels, something they are currently increasing?
The question on how to lead them doesn't point fingers. It doesn't ask China to cleanup any past mess done by others. Bringing this up avoids dealing with the very difficult issue of... how do outside parties lead China to be more environmentally friendly when they are increasingly going in the opposite direction.
If I could donate money and remove X amount of CO2 pollution from the US or X+10% from China with the same amount I would not care at all about national borders. Pollution doesn't. Nationalism does. Technology transfer for greener technology at a discount would help a lot more than trying to get some newer SUVs on the road in the States.
Btw. stating that China is "increasingly going in the opposite direction" is not fairly stating the situation. China is doing a lot better than most in many areas if you compare apples to apples. The main drive for the increase is the increase of people having access to something akin to what we have (smartphones, cars, etc). That a population being lifted out of poverty is polluting more than earlier isn't a surprise. They pollut more because they need more powerplants, more cars are on the road, etc. Not because the don't try to build efficient powerplants and don't try to tax old dirty cars.
Even if the U.S. and the EU immediately stopped emitting 100% of their CO2, would it have any real effect on climate change? China would make up the difference within a decade or two. The entire continent of Africa is ready to industrialize, and its population is projected to decuple to 10 billion by 2050.
I don't blame people for being skeptical of the idea that America investing in green energy will save the world. It's a drop in the bucket.