Re:Cryptocurrencies’ Carbon Footprint Underestimated
by geysersam on Tuesday October 05, 2021 @05:55PM
(#28766179)
Problem is, some people barely afford important things, while others easily affords unimportant things. Taxing everything at the same level will either:
1. Push millions of people into extreme poverty.
2. Or, be so low impact that it is ineffective for reducing carbon emissions.
What's the solution?
We should not tax all things equal.
In a perfect market, a global carbon tax would be excellent. Unfortunately we do not live in (anything resembling) a perfect market.
What's the solution? We should not tax all things equal.
In a perfect market, a global carbon tax would be excellent. Unfortunately we do not live in (anything resembling) a perfect market.