Re:I liked the idea of carbon offsets until I tried to expla...
by allemagne on Monday April 11, 2022 @12:18PM
(#30990930)
From a pure fiscal standpoint, there is still a net gain to most households.
The net loss here is calculated by subtracting the "economic cost" of lost investment and jobs due to carbon pricing. This is kind of the point; you would probably expect industries that are more fossil fuel intensive to be taking a hit if carbon taxes are doing what we want them to do.
The net loss here is calculated by subtracting the "economic cost" of lost investment and jobs due to carbon pricing. This is kind of the point; you would probably expect industries that are more fossil fuel intensive to be taking a hit if carbon taxes are doing what we want them to do.